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A company is gearing up to start a new product. It is your r

A company is gearing up to start a new product. It is your responsibiity to select the location to s… Show more A company is gearing up to start a new product. It is your responsibiity to select the location to set up shop. WHile the high-rise lease is more expensive initially, it has lower annual maintenace costs. The stand alone site is cheaper up front but has additional costs from lawn maintenance. WHich location shoud be selected based on PRESENT WORTH camparison at an interest rate of 10%? HIGH-RISE SINGLE-STORY FIRST COST $ -12,000 -8,000 MAINTENANCE $ -1000 -4000 SALVAGE $ 5000 3000 LIFE, YRS 3 6 • Show less


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