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you are trying to pick the least expensive FINANCE FA-QTR-17 . WK 9 CH 12 Est. Cash Flows on Projects, 13 Weighing NPV&Other Capital Budgeting

you are trying to pick the least expensive
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FINANCE FA-QTR-17 . WK 9 CH 12 Est. Cash Flows on Projects, 13 Weighing NPV&Other Capital Budgeting Criteria Question 1 (or 9) value 3.00 points You are trying to pick the least-expensive car for your new delivery service. You have two choices the Scion xA, which will cost $15,000 to purchase and which will have OCF of-$1 vehicle's expected life of three years as a delivery 1,400 annually throughout the purchase and which will have OCF of -s750 annually throughout that vehicle's expected 4-year life. Both cars will be worthless at the end of their life. You intend to replace whichever type of car you choose with the same thing when its lifte runs out, again and again out into the foreseeable future if the business has a cost of capital of 13 percent, cakculate the EAC. (Negative amounts should be Indicated by a minus sign. Round your answers to 2 decimal places) Scions EAC Toyota's EAC Which one should you choose? Scion O Toyota Hints Reterences eBook & Resources Hint u Hint 2 Hint O Type here to search 10 CE 456- 1 2 3

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