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    nash1112's Avatar
    nash1112 Posts: 4, Reputation: 1
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    #1

    Mar 28, 2014, 03:46 PM
    Equivalent annual costs
    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's Avatar
    ma0641 Posts: 15,675, Reputation: 1012
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    #2

    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.
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