Question: Please solve with work shown so I understand. Thank you! 1 . A Local Hospital is evaluating new lab. Equipment. The interest rate is

Please solve with work shown so I understand. Thank you! 1. A Local Hospital is evaluating new lab. Equipment. The interest rate is \(6\%\) and in each case the equipment's useful life is 5 years. Use the NPV analysis to select the best equipment.

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