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Two mutually exclusive alternatives are being considered. Both have lives of 5 years. Alternative A has a first cost of $2500, annual benefits of $756,

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Two mutually exclusive alternatives are being considered. Both have lives of 5 years. Alternative A has a first cost of $2500, annual benefits of $756, and a salvage value of $525. Alternative 8 has a first cost of $6000, annual benefits of $1764, and a salvage value of $1475. If the minimum attractive rate of return is 9%, which alternative should be selected? Solve the problem by Present worth analysis Annual cash flow analysis Rate of return analysis

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