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Sams Insurance must choose between two types of printers. Both printers meet the firms quality...

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Accounting

Sams Insurance must choose between two types of printers. Both printers meet the firms quality standard. Printer A costs $3,500 and is expected to last 3 years with operating costs of $380 per year. Printer B costs $2,500 and is expected to last 2 years with operating costs of $400 per year. Assume a discount rate of 10%. Which printer should Sams Insurance purchase? What is the equivalent annual cost of this machine? a. Printer B; $3,194 b. Printer A; $1,625 c. Printer B; $2,904 d. Printer A; $1,787

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