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True or False? -- Given the costs of operating machine A and machine B in the table below, and a 5.00% cost of capital, machine

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True or False? -- Given the costs of operating machine A and machine B in the table below, and a 5.00% cost of capital, machine A has the lower equivalent annual cost. Year o 1 2 3 A $7.50 $4.00 $3.00 $5.00 $5.00 $4.50 $3.40 B True False Abstention

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