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You need the service of an asset for an indefinite period of time. You have two choices. Asset 1 has a 5 - year service
You need the service of an asset for an indefinite period of time. You have two choices. Asset has a year service life. It has a first cost of $ and provides annual savings of $ Asset has a year service life. It has a first cost of $ and provides annual savings of $ Using the least common multiple approach, compare the present value of the service lives of the two assets over the LCM lifetime. MARR Find the solution within $ of which of the following.
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