Question: Q2- Data for two very expensive printers are listed below. If the interest rate is 12%, based on equivalent uniform annual cost (EUAC), which printer

Q2- Data for two very expensive printers are listed below. If the interest rate is 12%, based on equivalent uniform annual cost (EUAC), which printer should be bought?

please explain all steps and show equations. thank you.

A

B

First Cost

$30,000

$36,000

Annual Maintenance

1,500

2,000

Salvage value

5,000

8,000

Useful life

6 years

6 years

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