46. Help Uncle Mort to determine which of the following mutually exclusive projects should be selected using the incremental-rate-of-return method. All the projects are expected to have a 10- year life and MARR is 18% per year (Show all work). AOC Annual operating cost = A B C D E First cost -28000 -33000 -22000 -51000 -46000 AOC -20000 -18000 -25000 -12000 -14000

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