Business, 22.07.2021 16:20 picklespicklesdicc
The initial cost of a pickup truck is $11,338 and will have a salvage value of $3,830 after five years. Maintenance is estimated to be a uniform gradient amount of $194 per year, with zero dollar for first year maintenance. The operation cost is estimated to be $0.21 per mile for 261 miles per month. If the interest rate is 12%, what is the annual equivalent cost (AEC) for the truck
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The initial cost of a pickup truck is $11,338 and will have a salvage value of $3,830 after five yea...
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