How do you choose to invest and why

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Question - You are asked to purchase equipment for a new series of light curtain safeguards for your moving production equipment.

You have two alternatives. One is from the original manufacturer at a cost of $24,561 and a ΔIRR of 8.3%. You also have an aftermarket alternative that costs $31,163, but has a ΔIRR of 12.3%. If your organization's MARR is 7%, how do you choose to invest and why?

Reference no: EM133166492

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