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Business, 23.04.2021 01:40 Karlakins

Blue Ridge Designs is considering the purchase of a security system. There are two options. The GEB7 costs $30,000 today, will cost $1,500 per year for eleven years to operate and will be sold for $6,000 in eleven years. The SJB4 costs $42,000 today, will cost $1,400 per year for thirteen years to operate and will be sold for $7,500 in thirteen years. The equivalent annual cost of the worse choice is $. Use a discount rate of 6% p. a.

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Blue Ridge Designs is considering the purchase of a security system. There are two options. The GEB7...
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