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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