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bachelor in business administration
Polytechnic State University Sanluis
Jan-2006 - Nov-2010
CPA
Polytechnic State University
Jan-2012 - Nov-2016
Professor
Harvard Square Academy (HS2)
Mar-2012 - Present
Assume that you are considering two mutually-exclusive projects that have different lives. The projects are all-cost projects (i.e., do not generate revenues or savings of cash but involve necessary equipment). One appropriate way to choose between the projects is to select the project with the lowest equivalent annual cost (EAC).
True
False
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