A manufacturer moves pallets of materials with a forklift truck. He has consistently used the same make and model

of forklift over the past several years. The purchase price has been relatively constant at $$8,000$ each. Records of

operation and maintenance indicate these average expenses per year as a function of age of the vehicle. The

salvage $($market$)$ values of the forklift are also reasonably well known as a function of age. Find the best time to

replace a forklift truck when the MARR $=14\%$ per year.

Click the icon to view the average expenses per year.

Click the icon to view the salvage $($market$)$ values of the forklift.

Click the icon to view the interest and annuity table for discrete compounding when MARR $=14\%$ per year.

Fill the table below. $($Round to the nearest dollar.$)$alcn reacnnahlv well known ac a f$$unction of ane. Find the hect time to renlare a forklift truck when the MARR $=11\%$ ner vear

Fill the table below. $($Round to the nearest dollar.$)$

Data table

Data table