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You are trying to pick the least-expensive car you new delivery service. You have two choices the Scion A which will cost $23500 to purchase

You are trying to pick the least-expensive car you new delivery service. You have two choices the Scion A which will cost $23500 to purchase and which will have OCF of $3100 annually throughout the vehicle's expected life of three as delivery vehicle; and the Toyota Prius, which will cost $32000 to purchase and which will have OCF of $1600 annually throughout the vehicle's 4-year expected life. If the business has a cost capital of 11 percent calculate the EAC; for Scion's EAC, and Toyota's EAC? Correct Answer

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