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​(Equivalent annual annuity​) Rib​ & Wings-R-Us is considering the purchase of a new smoker oven for...

​(Equivalent annual annuity​)

Rib​ & Wings-R-Us is considering the purchase of a new smoker oven for cooking​ barbecue, ribs, and wings. It is looking at two different ovens. The first is a relatively standard smoker and would cost $52,000​, last for 9 ​years, and produce annual cash flows of $15,000 per year. The alternative is the​ deluxe, award-winning​ Smoke-alator, which costs $77,000 and, because of its patented humidity​ control, produces the​ "moistest, tastiest barbecue in the​ world." The​ Smoke-alator would last for 11 years and produce cash flows of $23,000 per year. Assuming a required rate of return of 10 percent on both​ projects, compute their equivalent annual annuities (EAAs​)

The EAA of the standard smoker is ​$ ____. ​(Round to the nearest​ dollar.)

The EAA of the​ Smoke-alator is ​$____. ​(Round to the nearest​ dollar.)

Rib​ & Wings-R-Us should purchase the _____?

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