Question: For part a. it needs to be done in an excel sheet. can you also provide the formulas being used the exel sheet? sorry i
14 Three mutually exclusive projects are being consid- ered: $1000 $2000 $3000 150 First cost Uniform annual benefit Salvage value Useful life, in years 1000 2700 5600 When each project reached the end of its useful life, it would be sold for its salvage value and there would be no replacement. (a) Construct a choice table for interest rates from 0% to 100%. (b) If 8% is the desired rate of return, which project should be selected
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