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A field engineer working for a heavy construction company needs to determine whether the company should keep an existing backhoe or replace it with a

A field engineer working for a heavy construction company needs to determine whether the company should keep an existing backhoe or replace it with a new backhoe. The field engineer has collected data on the fixed and variable costs for each machine, and they are listed in Table 11.2. The interest rate is 10%. How many feet of trenches need to be excavated each year to justify the purchase of the new backhoe? 






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