Question: Evaluating Projects with Different Lives 30. You are trying to decide between two mobile phone carriers. Carrier A requires you to pay $200 for the

 Evaluating Projects with Different Lives 30. You are trying to decide

Evaluating Projects with Different Lives 30. You are trying to decide between two mobile phone carriers. Carrier A requires you to pay $200 for the phone and monthly charges of $60 for 24 months. Carrier B wants you to pay $100 for the phone and monthly charges of $70 for 12 months. Assume you will keep replacing the phone after your contract expires. Your cost of capital is 4%. Based on cost alone, which carrier should you choose

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