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Use Annual Worth analysis and determine which of the following two machines should be selected based on their incremental cash flows and a minimum attractive
Use Annual Worth analysis and determine which of the following two machines should be selected based on their incremental cash flows and a minimum attractive rate of return (MARR) of 7% per year. Machine T Machine V First cost, $ -$25,000 -$19,000 Annual operating cost, $/year -$4,300 -$5,400 Salvage value, $ $3,800 $2,600 Life, years 4 8
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