Engineering homework help
Engineering homework help. This is finance problem. Please provide all your work. Attachment 1Attachment 24. The company Ijrou work for is trying to decide between two projects. Project 1 costs $160,033 upfront, and has an expected life of 4 years, over which it will return $52,000 each of the fourIjrears. Project 2 would last for 20 years, costs $1.5 million upfront, and returns SEQUUU at theend of each of the 2D years. Assuming a real discount rate of 5%, which project has the higher equivalent annual net benefit?
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