Question: Proctoring Enabled: Final Exam Saved Help Save 2 28 points Dave & Buster's are opening a new store for which they are evaluating two

Proctoring Enabled: Final Exam Saved Help Save 2 28 points Dave &

Proctoring Enabled: Final Exam Saved Help Save 2 28 points Dave & Buster's are opening a new store for which they are evaluating two freezers: Empava heavy duty and Frigidaire chest freezer. Empava heavy duty freezer cost $370 to purchase, result in electricity bills of $164 per year, and last for 5 years. Frigidaire chest freezer cost $570, result in electricity bills of $128 per year, and last for 8 years. The discount rate is 25%. a. What is the equivalent annual cost of the Frigidaire chest freezer? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Frigidaire 01:42:01 Equivalent annual cost b. Which model is more cost-effective? O Empava Heavy Duty Freezer O Frigidaire Chest Freezer

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