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Business, 19.10.2021 14:10 pronces

A garage is comparing the cost of buying two different garage doors. Model A will cost $40,000, require servicingcost of $2,000 at the end of every two years, and last ten years. Model B will cost $30,000;require servicingcost of $1,600 at the end of each year, and last eight years. If the cost of capital is 7%, which is the better option, given that the firm has an ongoing requirement for the garage door

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