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Calculate the Net Present Value of each alternative. Toyota vs. Honda Life 10 years Discount Rate 10% Cost $ 26,000 $ 35,000 Cash Savings for
Calculate the Net Present Value of each alternative.
Toyota vs. Honda
Life 10 years Discount Rate 10%
| Cost | $ 26,000 | $ 35,000 | |||
| Cash Savings for Gas per year | $ 1,500 | $ 3,000 | |||
| Major Maintenance year 5 | $ 3,000 | $ 2,000 | |||
| Salvage year 10 | $ 4,000 | $ 6,000 | |||
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