The annual worth values for a defender, which can be replaced with a similar used asset, and a challenger are estimated. The defender should be replaced: (choose one)
(a) Now
(b) 1 year from now
(c) 2 years from now
(d ) 3 years from now
 FIGURE 1.png)
AWD,2 = $-13,700 is less than AWC,3 = $-13,800
Answer is (c) 2 years from now
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