You have the option of choosing between the following two projects. a. Initial investment $700K, annual income
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You have the option of choosing between the following two projects.\na. Initial investment $700K, annual income $400K\nb. Initial investment $ 1,600K, annual income $600K\nThe life of project a is five years and that of project b is ten years. If you have a MARR of 30%, which\none of the projects should you accept?
Related Book For
Engineering Economy
ISBN: 978-0132554909
15th edition
Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
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