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9.) please help Delightful Climate Forecasters (DCF) are planning to contract for a suite of new office equipment (printers, computers, etc.). DCF is considering two
9.) please help
Delightful Climate Forecasters (DCF) are planning to contract for a suite of new office equipment (printers, computers, etc.). DCF is considering two proposals that each involve substantial startup costs and annual maintenance costs. Proposal A costs more up front but is a 5-year arrangement. Project B costs less up front, but costs more each year and will have to be renewed after 4 years. What is the Equivalent Annual Cost of Proposal A? DCF is using a discount rate of 8%. a. $32,982 b. $26,337 c. $29,000 d. $9,597 e. $39,759
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