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The table below gives the cash flow information for three mutually exclusive projects, of which one must be selected. Assume a MARR of 7.00%. Using
The table below gives the cash flow information for three mutually exclusive projects, of which one must be selected. Assume a MARR of 7.00%. Using an annual benefit-cost ratio analysis, state here on Blackboard which project should be selected and state the two incremental ratios (to three decimals) used to arrive at your selection. For example (numbers and order may be different): B/C of Project 3 - 2 = 1.367 and then B/C of Project 1 - 3 = 1.113.
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