Compare the annual costs and using minimum attractive return

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A proposed material for covering the roof of a building will have an estimated life of 8 years and will cost 5.000$. A heavier grade of this roofing material will cost 1.400$ more but will have an estimated life of 12 years. Installation costs for either material will be 1.800$. Compare the annual costs, a using minimum attractive return of 12% and the repeatability assumptions.

Reference no: EM13243223

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