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You are looking at valuing two copiers. The first costs $4,000, has maintenance fees of $200/year for its 8 year life. The second costs $6000

You are looking at valuing two copiers. The first costs $4,000, has maintenance fees of $200/year for its 8 year life. The second costs $6000 and has maintenance fees of $100/year for its 12 year life. Assuming a (real) discount rate of 6%, which one is a better deal for your company?

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