You are trying to decide between two mobile phone carriers. Carrier A requires you to pay $210 for the phone and then mo

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You are trying to decide between two mobile phone carriers. Carrier A requires you to pay $210 for the phone and then mo

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You Are Trying To Decide Between Two Mobile Phone Carriers Carrier A Requires You To Pay 210 For The Phone And Then Mo 1
You Are Trying To Decide Between Two Mobile Phone Carriers Carrier A Requires You To Pay 210 For The Phone And Then Mo 1 (54.66 KiB) Viewed 49 times
You are trying to decide between two mobile phone carriers. Carrier A requires you to pay $210 for the phone and then monthly charges of $54 for 24 months. Carrier B wants you to pay $110 for the phone and monthly charges of $74 for 12 months. Assume you will keep replacing the phone after your contract expires. Your cost of capital is 3.6%. Based on cost alone, which carrier should you choose? Based on cost alone, you will choose (Select from the drop-down menu.)
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