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

You must decide between two different cars. Using an interest rate

You must decide between two different cars. Using an interest rate of 8% per year, the PV of car A is closest to first cost annual operating cost salvage life years car A -33000 -4000 3000 3 car B -30000 -2500 1000 6 $-116502 AC $-126502 .BC $-106502 .C $-115502 .D

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