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An alternative has a discounted project cost of $12,345,000 with a discounted salvage value of $1,750,000. The estimate was in constant dollars and the discounting used end-of-year factors. While the period of analysis is 5 years, the alternative only provides benefits for the last 4 years. find out the uniform annual cost.

$2,891,003
$2,282,735
$2,854,251
$2,896,471

Microeconomics, Economics

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