Question: A company is analyzing two mutually-exclusive projects at MARR = 12% using incremental analysis Project A is a three-year project and Project B is a

A company is analyzing two mutually-exclusive projects at MARR = 12% using incremental analysis Project A is a three-year project and Project B is a two-year project. The required service period is infinite and both projects can be repeated with the same cash flows in the future. The projects are presented in the following table: Incremental Analysis Year Net Cash Flow (Project A) Net Cash Flow (Project B) -5600 -$1,200 -$450 +$450 2 -$450 +51,650 3 -$450 0 1 (a) The Annual Equivalent Worth of Project Ais $ (b) The Annual Equivalent Worth of Project Bis 11 $ (c) The project that should be chosen is
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