Question: Two mutually exclusive alternatives have the estimates shown below. Use annual worth analysis to determine which should be selected at an interest rate of 11.00%

Two mutually exclusive alternatives have the estimates shown below. Use annual worth analysis to determine which should be selected at an interest rate of 11.00% per year. Q R First Cost $-50000 $-70000 AOC per Year $-11000 $-6000 in year 1, increasing by $1,000 per year thereafter Salvage Value $4000 $6000 Life 2 years 4 years Alternative (Click to select) should be selected

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