Question
Suppose SUNY Oswego needs to purchase a new Central AC for the Rich Hall. There are two choices, the first system costs $50,000 and is
Suppose SUNY Oswego needs to purchase a new Central AC for the Rich Hall. There are two choices, the first system costs $50,000 and is expected to last 10 years, and the second system costs $72,000 and is expected to last 15 years. Assume that the opportunity cost of capital is 10 percent. Which air-conditioning system should SUNY Oswego purchase?
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Restaurant Financial Management
Authors: Hyung-il Jung
1st Edition
1774631431, 978-1774631430
