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Don Garlits is a landscaper. He is considering the purchase of a new commercial lawn mower, either the Atlas or the Zippy. Construct a choice
Don Garlits is a landscaper. He is considering the purchase of a new commercial lawn mower, either the Atlas or the Zippy. Construct a choice table for interest rates from 0% to 100%. (Do-Nothing is NOT a choice, a decision MUST be made.)
Atlas | Zippy | |
Initial cost | $6700 | $16900 |
Annual O&M | 1500 | 1800 |
Annual benefit | 4000 | 5500 |
Salvage value | 1000 | 3500 |
Useful life, in years | 3 | 6 |
Please use Microsoft Excel to solve this problem.
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