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Chapter 04, Problem 018 Nancy's Notions pays a delivery firm to distribute its products in the metro area, Delivery costs are $31,000 per year. Nancy

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Chapter 04, Problem 018 Nancy's Notions pays a delivery firm to distribute its products in the metro area, Delivery costs are $31,000 per year. Nancy can buy a used truck for $9,500 that will be adequate for the next 3 years, Operating and maintenance costs are estimated to be $22,500 per year. At the end of 3 years, the used truck will have an estimated salvage value of $4,200. Nancy's MARRIS 20%/year Click here to access the TvM Factor Table Calculator Part a What is the present worth of this investment? s Round entry to two decimal places. The tolerance is t5

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