A college student has been looking for a new tire for his car and has located the
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A college student has been looking for a new tire for his car and has located the following alternatives: The student feels that the warranty period is a good estimate of the tire life and that a 10% interest ran is appropriate. Use an annual cash flow analysis tc determine which tire he should buy.
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Tire Warranty Price per Tire S39.95 59.95 (montbs) 12 24 36 69.95 48 90.00
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Choose alternative with minimum EUAC a 12 month tir...View the full answer
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