Question: 3.2 Acme Industries is considering two mutually exclusive projects that have the cash flow shown. Use a present worth analysis to determine which should be

 3.2 Acme Industries is considering two mutually exclusive projects that have

3.2 Acme Industries is considering two mutually exclusive projects that have the cash flow shown. Use a present worth analysis to determine which should be selected at an interest rate of 10% per year (5-points) Project P Project First cost, $ 55,000 95,000 Annual operating cost, $/year 9,000 5,000 year 1, increasing by $100 per year Salvage value, $ None 4,000 Life, years

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