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A new utility service truck can be purchase for 72,506. Its expected useful life is six year, at which time its market value will the

A new utility service truck can be purchase for 72,506. Its expected useful life is six year, at which time its market value will the zero. Annual receipts less expenses will be approximately 21,511 per year over the six-year study period. Compute present worth (PW) with a MARR of 20% to determine whether this is good investment.

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