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View Full Version : Equivalent annual costs


nash1112
Mar 28, 2014, 03:46 PM
XYZ air conditioners cost $1400 to purchase, result in electricity bills of $700 per year, and last for 6 years, ABC air models cost $1600, result in electricity bills of $230 per year, and last for 9 years. The discount rate is 21%.

What are the equivalent annual costs of the XYZ and ABC air models?

XYZ costs $1400 and last 6 years. The annual rental fee with the sam PV is?_____
ABC costs $1600 and lasts 9 years. Its equivalent annual rental fee is found as ____

ma0641
Mar 28, 2014, 09:21 PM
How will you learn accounting if you just get answers. You asked 3 textbook or homework questions. We would violate site rules for giving you answers. Show us your work first.