33. A transport company has been looking for a new tyre for its truck and has located the following alternatives: Brand
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33. A transport company has been looking for a new tyre for its truck and has located the following alternatives: Brand
company has been looking for a new tyre for its truck and has located the following alternatives: Brand Tyre warranty Price per tyre (months) (SR.) A 12 1,200 B 24 1,800 C 36 2,100 D 48 2,700 If the company feels that the warranty period is a good estimate of the tyre life and that a nominal interest rate (compounded annually) of 12% is appropriate, which tyre should it buy?
33. A transport