What is the economic life of the following asset, given that its purchase price is and the MARR = 10%?
A) more than 4 years since EAC is increasing over 4 years
B) 1 year and EAC = $46 000
C) 2 years and EAC = $45 048
D) 3 years and EAC = $47 147
E) 4 years and EAC = $45 000
Correct Answer:
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