Question: A Moving to another question will save this response. Question 13 of 20 >>>> Question 13 6 points Save Answer Consider the following two mutually

A Moving to another question will save this

A Moving to another question will save this response. Question 13 of 20 >>>> Question 13 6 points Save Answer Consider the following two mutually exclusive investment projects: Project 1 Item Project 2 Initial cost - 10,755 AED -24,170 AED Annual savings 7,337 14,744 Annual arithmetic increase in savings (G) 486AED 3,436 AED Service life 3 2 If you used the infinite planning horizon with project repeatability likely (same costs and benefits), which project should you select according to the IRR incremental analysis assuming that MARR = 11%, i;= 16% and ib = 7%? L

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