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3 points A new CAT mini excovator (121t dig depth) is $72,000 and will last about 10,000 operating hours, after which it can be salvaged

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3 points A new CAT mini excovator (121t dig depth) is $72,000 and will last about 10,000 operating hours, after which it can be salvaged for about $2000 Youplan to use it about 20 hours per week, 50 weeks per year. Your neighbor is selling a used one of the same model that has about 5,000 hours remainine The used orve will bring $1500 alvage. Assuming. 2\% interest rate and neplecting OSM, what is the annual cost of the new exavator? Omit ' $ " and include the cents. 5,845,60 Ipointe A new CAT mini exc,avator (127t dig depth) is $72,000 and will last about 10,000 operating hours, after which it can be salvaged for about $2000. You plan to use it about 20 hours per weck. 50 weeks per year. Your neighbor is selling a used one of the same model that has about 5.000 hours remaining. The used one will bring $1500. 3 alvage. and the OSM will be 5500 ver vear more than the new one. Comparing annual costs of ownership at 2% interest, what is the maximum price you should offer vour neighbor? 3 points A new CAT mini excovator (121t dig depth) is $72,000 and will last about 10,000 operating hours, after which it can be salvaged for about $2000 Youplan to use it about 20 hours per week, 50 weeks per year. Your neighbor is selling a used one of the same model that has about 5,000 hours remainine The used orve will bring $1500 alvage. Assuming. 2\% interest rate and neplecting OSM, what is the annual cost of the new exavator? Omit ' $ " and include the cents. 5,845,60 Ipointe A new CAT mini exc,avator (127t dig depth) is $72,000 and will last about 10,000 operating hours, after which it can be salvaged for about $2000. You plan to use it about 20 hours per weck. 50 weeks per year. Your neighbor is selling a used one of the same model that has about 5.000 hours remaining. The used one will bring $1500. 3 alvage. and the OSM will be 5500 ver vear more than the new one. Comparing annual costs of ownership at 2% interest, what is the maximum price you should offer vour neighbor

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