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You are asked to purchase equipment for a new series of light curtain safeguards for your moving production equipment. You have two alternatives. One

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You are asked to purchase equipment for a new series of light curtain safeguards for your moving production equipment. You have two alternatives. One is from the original manufacturer at a cost of $24,561 and a AIRR of 8.3%. You also have an aftermarket alternative that costs $31,163, but has a AIRR of 12.3%. If your organization's MARR is 7%, how do you choose to invest and why?

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