Question: Which statement is FALSE? The equivalent annual benefit a . assumes that each project can be repeated at the same terms. b . is the
Which statement is FALSE? The equivalent annual benefit
a assumes that each project can be repeated at the same terms.
b is the present value of revenues minus costs multiplied by the annuity factor,
c is used to compare mutually exclusive projects with unequal lifetime,
d can be interpreted as the benefit from renting a machine or another item
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