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State the euaw of each project

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Question - A company must choose between two projects that give them the highest equivalent uniform annual worth (EUAW). Project billy costs $215,000 and will increase the annual profit by $105,000. It will have a life of 6 years and will not be repeated. Project Bob costs $110,000 but will only increase annual profit by $55,000 and lasts 11 years without replacement. The analysis period is 11 years and interest rate is 9.3%. State below the EUAW of each project?

Reference no: EM133135578

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