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You are trying to decide between two mobile phone carriers. Carrier A requires you to pay 195$ for the phone and then monthly charges of 64$ for 24 months. Carrier B wants you to pay 100$ for the phone and monthly charges 74$ of for 12$ months. Assume you will keep replacing the phone after your contract expires. Your cost of capital is 4.5% . Based on cost alone, which carrier should you choose?
Sagot :
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