Question: The estimated cash flows for each option are given below. Use an Annual Worth comparison to determine which option is preferable at an interest rate
The estimated cash flows for each option are given below. Use an Annual Worth comparison to determine which option is preferable at an interest rate of 14.23% per year compounded quarterly. A ($)B ($)First cost3525Annual cost/year5.52Annual income/year1510Upgrade cost every 4 years-2S. V75Life, years4
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