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ElectricalEconomics for Engineers
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Project A has an initial cost of Rs. 50,000 with annual benefits of Rs. 4,500. Project B has an initial cost of Rs. 75,000 with annual benefits of Rs. 7,200. Based upon payback period analysis, which project is more desirable?

A

Project A

B

Project B

C

None of above

D

Both (a) and (b)

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