The following data have been estimated for two mutually exclusive investment alternatives, A and B,...
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Accounting
The following data have been estimated for two mutually exclusive investment alternatives, A and B, associated with a small engineering project for which revenues as well as expenses are involved. They have useful lives of 4 and 6 years, respectively. If MARR=10% per year, which alternative should be selected?
Alt. A -> Capital Investment= $3,500, Annual return=$1,255, Useful live = 4
Alt. B -> Capital Investment= $5,000, Annual return=$1,480, Useful live = 6
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