Question: For the figure in question 2, which is the correct formula for determining the exact interest rate where A and B lines cross? Assume the

For the figure in question 2, which is the correct formula

For the figure in question 2, which is the correct formula for determining the exact interest rate where A and B lines cross? Assume the following values for each: Alternative n Annual Benefit Initial Cost JA 15 $375 $2,500 B 15 $675 $5000 Tables 0 = $675(P/A, I, 15) + $5,000 Excel =RATE(15,675, 5000) Tables 0 = $1500(P/A, I, 30) - $7,500 Excel =RATE(30, 1500, -7500) O Tables =$375 (P/A, I, 15) - $2,500 Excel =RATE(15, 375, -2500) Tables 0 = $300 (P/A, I, 15) - $2,500 Excel =RATE(15, 300, -2500)

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