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The initial cost for an alternative is $175,000. Annual revenues are $50,000. The salvage value is $25,000. The useful life is 4 years. The MARR

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The initial cost for an alternative is $175,000. Annual revenues are $50,000. The salvage value is $25,000. The useful life is 4 years. The MARR is 9%. Use annual worth to determine if this is a good alternative or a bad alternative. Calculate annual worth directly; do not calculate annual worth by calculating present worth or future worth first. Answer in a complete sentence and justify your answer (how do you know it is good or bad?)

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