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Two projects are being considered for implementation at an MARR of 6%. Both have equal other costs and benefits, and the decision needs to be

Two projects are being considered for implementation at an MARR of 6%. Both have equal other costs and benefits, and the decision needs to be made based on the initial costs only. The first project has a perpetual life, and the second project has life as shown. Which project should be selected? Project G Project H Initial cost ($340,000,000) Initial cost ($261,500,000) Life Perpetual Salvage $26,400,000 Life in years 25

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