Two types of batteries are being considered for use in electric golf carts at City Country Club
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Question:
Two types of batteries are being considered for use in electric golf carts at City Country Club will Burnout brand batteries cost $ have a useful life of years, will cost $ per year to keep charged, and have a salvage value of $ Longlasting brand batteries cost $ each, have a life of years, will cost $ per year to keep charged, salvage value of $ If you need to replace the battery every time it stop working, which battery is best City Country Club? The discount rate is Compute revelant cash flows, compute NPV for each battery and compare EACa to decide.
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