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You are in the market for a new copier for your office, a you have narrowed the search down to models. The energy-efficient model sells two for $800 and will save you $60 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 savings in electricity costs. It is priced at only $525. Assuming your opportunity cost of funds is 5 percent, which copier should you purchase?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M92750269

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