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Business, 02.10.2019 05:30 nmadrigal

You must decide which of two wind turbines to purchase for a new wind farm your company is planning to build. turbine a will initially cost $1,300,000 to install and and is estimated to generate $32,000 per year of revenue. turbine b will cost $1,900,000 initially but will generate $48,000 per year of revenue. assuming a 2.5% annual interest rate and that both machines will last 20 years, which machine should be purchased? (hint: consider the future worth of these investments.)

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