Question: Given the financial data in the table below for two mutually exclusive alternatives, determine the value X for the two alternatives to be equally attractive.

Given the financial data in the table below for two mutually

Given the financial data in the table below for two mutually exclusive alternatives, determine the value X for the two alternatives to be equally attractive. Use an interest rate of 12% per year. P Q Initial cost $2,500 $4,000 Annual benefit 400 600 Life 5 5 X

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