When deciding to select one project or another where the projects have different useful lives, then you could utilize:

Question

Quizplus · Accepted Answer

Both a repeated investment analysis and an equivalent annual annuity analysis are valid methods for comparing projects with different useful lives. A repeated investment analysis involves comparing the projects as if they were repeated over a common time period, while an equivalent annual annuity analysis converts the net present values of the projects into an equivalent annual amount, making them easier to compare.

When Deciding to Select One Project or Another Where the Projects