Need helpwith the following practice question: Need the EAC for Option A and EAC for option B,
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Need helpwith the following practice question: Need the EAC for Option A and EAC for option B, Option A-Initial cost of $5K, lasts 5 years annual per-tax operating cost of $600, will be depreciated on a straight line basis over 5 years. Option B-Initial cost $8K, lasts 8 years, annual pre-tax operating cost of $400, will be depreciated on a straight line basis over 8 years. Step by step instructions to help me understand the process of the practice question, Many thanks for your help!
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