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

question 86

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Table 10 -2.
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 B? A)  $58,913.56 B)  $47,539.67 C)  $50,232.02 D)  $28,600.00
-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 B?


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