Bills washing machine broke down he has a choice of two


Bill’s washing machine broke down. He has a choice of two washing machines of equal performance. The first choice, Model A, cost $400 and had a PV of $230 in savings over having clothes done through an outside service. The second one, Model B, cost $600 and had a PV of $450. Which one should he select?

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Financial Management: Bills washing machine broke down he has a choice of two
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