once a choice is made, the kitchen intends to keep to that source indefinitely. Each gas oven has a net present value (NPV) of $19,440 over its useful life of 4 years and each electric oven has an NPV of $19,450 over its useful life of 5 years. The cost of capital is 9%. Identify which should the kitchen choose and explain why

Answer rating: 100% (QA)

interest 9 Period 4years and 5years Present value interest factor ... View the full answer