Table 10 -2. -A Restaurant Is Trying to Determine the Lowest Total Cost

question 72

Multiple Choice

Table 10 -2.

-A restaurant is trying to determine the lowest total cost for purchasing a replacement freezer. The cost of capital is 6 percent and the freezer should last for 11 years. Using Table 10 -2, what is the total cost for Freezer A?

• A) $58,913.56
• B) $28,600.00
• C) $50,232.02
• D) $47,539.67

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