Evaluating two different cookie-baking ovens

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You are evaluating two different cookie-baking ovens. The pillsbury 707 costs 57500, has a 5 year life, and has an annual OCF (after tax) of -10,100 per year. The Keebler CookieMunster costs 90,500,has a 7 year life, and has an annual OCF (after tax) of -8,100 per year. If your discount rate is 11 percent, what is each machine's EAC (neg amounts should be indicated by a minus sign. Round your answers to 2 decimal places.)

Reference no: EM131847951

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