Business, 23.09.2019 17:30 williamelmore035

You are considering two home security companies for your new house. the first company offers free installation and equipment, but will charge you $470.00 per year forever. the second company charges $814.00 for installation, but will charge you $222.00 per year forever. assume that payments are at the end of the year. your personal interest rate is 5.00% per year, and you want to evaluate each proposal. what is the pv of the paid installation? (this answer will be a negative as you are spending cash for the system without receiving any payoffs)

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You are considering two home security companies for your new house. the first company offers free in...

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