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11. Iwo pumps are being considered for purchase. If interest is 7%, which pump should be bought? Please consider 12 years period!20p Initial cost End-of-useful-life

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11. Iwo pumps are being considered for purchase. If interest is 7%, which pump should be bought? Please consider 12 years period!20p Initial cost End-of-useful-life salvage value Useful life, in years Pump A Pump B 7000 5000 1500 1000 12 6 1000 1000 -11-12 5000 mek@ Pump B 6 years Replacement Pump B 6 years

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