Dave & Buster's are opening a new store for which they are evaluating two freezers:...
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Dave & Buster's are opening a new store for which they are evaluating two freezers: Empava heavy duty and Frigidaire chest freezer, Empava heavy duty freezer cost $320 to purchase, result in electricity bills of $154 per year, and last for 5 years. Frigidaire chest freezer cost $520, result in electricity bills of S108 per year, and last for 8 years. The discount rate is 25% a. What is the equivalent annual cost of the Empava Empava heavy duty freezer? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Empava Equivalent annual cont b. Which model is more cost-effective? Empava Heavy Duty Freezer Frigidaire Chest Freezer
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