Question: Gateway Tours is choosing between two bus models. One is more expensive to purchase and maintain but losts much longer than the other. Gateway's discount
Gateway Tours is choosing between two bus models. One is more expensive to purchase and maintain but losts much longer than the other. Gateway's discount rate is 11.3%. The company plans to continue with one of the two models for the foreseeable future. Based on the costs of each shown here: which should it choose? (Note dollar amounts are in thousands) Based Data Table OA . (Click on the following icon in order to copy its contents into a spreadshoot) Year 3 Year 4 Year 5 -$4.1 Year 6 -$4.1 Year 7 -$41 Click to Model Old Reliable Short and Sweet Year 0 - $198 - $99 Year 2 -$4.1 - $1.9 Year 1 -$4.1 - $1.9 - $4.1 -$1.9 -$4.1 - $1.9 Il part
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