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A company is trying to decide which machine to purchase based on the following information. If they all have 15 years useful life and MARR is 10%, use incremental rate of return analysis in Excel to decide which one is the best choice. Don't forget the do nothing choice.
First Cost
Operating Cost per year
Annual Income per year
-50,000
-2500
4500
-45,000
-2000
4000
-40,000
-1800
3800
-65,000
-2400
6000
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