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A pipeline contractor can purchase a needed truck for $40,000. Its estimated life is 6 years, and it has no salvage value. Maintenance is estimated
A pipeline contractor can purchase a needed truck for $40,000. Its estimated life is 6 years, and it has no salvage value. Maintenance is estimated to be $3,300 per year. Operating expense is $60 per day. The contractor can hire a similar unit for $130 per day. MARR is 7%. Click here to access the TVM Factor Table Calculator How many days per year must the truck's services be needed such that the two alternatives are equally costly? days Carry all interim calculations to 5 decimal places and then round your final answer up to the nearest day. The tolerance is4. If the truck is needed for 180 days/year, should the contractor buy the truck or hire the similar unit? Determine the dollar amount of annual savings generated by using the preferred alternative rather than the nonpreferred. $ Carry all interim calculations to 5 decimal places and then round your final answer to the nearest dollar. The tolerance is +5. A pipeline contractor can purchase a needed truck for $40,000. Its estimated life is 6 years, and it has no salvage value. Maintenance is estimated to be $3,300 per year. Operating expense is $60 per day. The contractor can hire a similar unit for $130 per day. MARR is 7%. Click here to access the TVM Factor Table Calculator How many days per year must the truck's services be needed such that the two alternatives are equally costly? days Carry all interim calculations to 5 decimal places and then round your final answer up to the nearest day. The tolerance is4. If the truck is needed for 180 days/year, should the contractor buy the truck or hire the similar unit? Determine the dollar amount of annual savings generated by using the preferred alternative rather than the nonpreferred. $ Carry all interim calculations to 5 decimal places and then round your final answer to the nearest dollar. The tolerance is +5
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