Brand B car costs $79,000 and has a life of 8 years. It costs $2,500 a year in  insurance, and $525 a year in fuel consumption. Brand M car costs $67,000 and has a life of  6 years. It costs $2,100 a year in insurance and $600 a year in fuel consumption. If the  discount rate is 6% p.a. compounded annually, which kind of car is cheaper to run

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Q: NPV

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