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A new delivery truck costs 15,000 . The new delivery truck will reduce costs by 5,367 / year for 3 years. At the end of

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A new delivery truck costs 15,000 . The new delivery truck will reduce costs by 5,367 / year for 3 years. At the end of three years, the truck will be worn out. It will cost you $197 to have it towed to the junk yard. If the required rate of return is 10% APR compounded annually, what is the NPV of buying a truck? Question 8 0.1pts Given the NPV above, should you take the project? In other word, if we use NPV rule, should we buy the truck? Yes No

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