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Your firm is considering purchasing a new piece of equipment to enhance production. Your firm has narrowed the possibility to four models, which perform equally

Your firm is considering purchasing a new piece of equipment to enhance production. Your firm has narrowed the possibility to four models, which perform equally well. However, the method of financing the four models is different. All models have an interest rate of 9.00 percent.
Model A requires an ordinary annuity of $2,500 per year for the next ten years.
Model B requires your company to pay $20,450 for the equipment at the end of the first year.
Model C requires an annuity due payment of $5,250 per year for the next four years.
Model D requires the following end-of-year payment schedule:
\table[[Years:,1,2,3,4,5],[Cash Flows (Model D):,$7,000,$2,000,$4,000,$6,000,$3,000
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