Question: View Policies Next question Current Attempt in Progress Is a trade - in allowance on old equipment relevant to a decision to retain or replace

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Is a trade-in allowance on old equipment relevant to a decision to retain or replace equipment? Why or why not?
It is not relevant since it reduces the cost of the old equipment.
It is relevant since it reduces the cost of the new equipment.
It is not relevant to the decision since it does not impact the cost of the new equipment.
It is relevant since it increases the cost of the new equipment.
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