It is priced at only 400. assuming your opportunity cost of, Ask an Expert

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model sells for $500 and will save you $25 at the end of each of the next five years in electricity costs. The standard model has features similar to the energy efficient model but provides no future saving in electricity costs. It is priced at only $400. Assuming your opportunity cost of funds is 5 percent, which refrigerator should you purchase?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9277291

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