Question: Consider the following two mutually exclusive projects, which have unequal service lives 3 2 1 0 End of year 3000 2500 2000 1500 5000+1000- Project

Consider the following two mutually exclusive projects, which have unequal service lives 3 2 1 0 End of year 3000 2500 2000 1500 5000+1000- Project 1 3500 4000 400 400 7000+400- Project 2 500 5 500 3000 500 Given that the interest rate equals 12%, using minimum no. of factors, determine the Annual worth of project 2 Consider the following two mutually exclusive projects, which have unequal service lives 3 2 1 0 End of year 3000 2500 2000 1500 5000+1000- Project 1 3500 4000 400 400 7000+400- Project 2 500 5 500 3000 500 Given that the interest rate equals 12%, using minimum no. of factors, determine the Annual worth of project 2
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