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Business, 01.07.2019 23:30 shymitch32

Aconsulting engineering firm is considering two models of suvs for the company principals. a gm model will have a first cost of $26,000, an operating cost of $2000, and a salvage value of $12,000 after 3 years. a ford model will have a first cost of $29,000, an operating cost of $1200, and a $15,000 resale value after 3 years. at an interest rate of 15% per year, which model should the consulting firm buy? conduct an annual worth analysis.

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