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Business, 10.11.2019 03:31 Billie9166

You are trying to decide between two mobile phone carriers. carrier a requires you to pay $200 for the phone and monthly charges of $60 for 24 months. carrier b wants you to pay $100 for the phone and monthly charges of $70 for 12 months. assume you will keep replacing the phone after your contract expires. your cost of capital is 4%. based on cost alone, which carrier should you choose?

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