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Business, 14.08.2020 01:01 juansebas35

A local county is considering purchasing some dump trucks for the trash pickups. Each truck will cost $55,000 and have an operating and maintenance cost that starts at $18,000 the first year and increases by $3,000 per year. Assume the salvage value is $12,000 at the end of 5 years and the interest rate is 10%. The equivalent annual cost of owning and operating each truck is most nearly equal to

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A local county is considering purchasing some dump trucks for the trash pickups. Each truck will cos...
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