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Utopia Tours is choosing between two bus models. One is more expensive to purchase and maintain but lasts much longer than the other. Its discount
Utopia Tours is choosing between two bus models. One is more expensive to purchase and maintain but lasts much longer than the other. Its discount rate is 10.6%. The company plans to continue with one of the two models for the foreseeable future. Based on the costs of each shownbelow, which should itchoose and why? (Note: dollar amounts are inthousands.)
Figures are from the attached image.
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