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Three alternatives are being considered to attract new clients to a health club. A jogging track has an expected useful life of 8 years; a

Three alternatives are being considered to attract new clients to a health club. A jogging track has an expected useful life of 8 years; a stationary bike 4 years, and a treadmill 6 years. What is the length of the planning horizon for each of the following approaches?

Shortest life planning horizon? : (in years)

Longest life planning horizon? : (in years)

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