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(Solved): You are trying to pick the least expensive car for your new delivery service you have two choices th ...



You are trying to pick the least expensive car for your new delivery service you have two choices the Kia Rio which will cause $14,000 to purchase and which will have OCF of -$1200 annually throughout the vehicles expected life of three years as a delivery vehicle and the Toyota Prius which will cost $20,000 to purchase and which will have OCF of $650 negative annually throughout that vehicles expected for your life both cars will be worthless in their life if you intend to replace whichever type of car you choose with the same thing when it's life runs out again and again out in the foreseeable future if the business has a cost of 12% calculate the EAC for Both



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