Question: You must decide between two different cars. Using an interest rate of 8% per year, the PV of car B is closest to A. $
You must decide between two different cars. Using an interest rate of 8% per year, the PV of car B is closest to

| A. | $ -55414 | |
| B. | $ -55014 | |
| C. | $ -56414 | |
| D. | $ -54414 |
first cost annual operating cost salvage life years car A 32000 -4000 4000 3 car B -20000 -3500 2000 6
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