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Two options A and B for engineering projects has the following cash flows.
Year : 0 1 2 3 4
Option A : โ2,000, +1,100, +1,100, +1,100, +1,100
Option B : โ2,400, +1,250, +1,250, +1,250, +1,250
At an 8% interest rate, which project should be selected based upon future worth analysis?
Alternative A
Alternative B
Both projects will lose money
Both projects are equally good investments