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Consider the following two tractors a company can purchase. The following tables provide the costs the company will incur (in thousands of dollars) in the

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Consider the following two tractors a company can purchase. The following tables provide the costs the company will incur (in thousands of dollars) in the lifetime of each tracton. Diesel Gasoline Initial Cost ||$20,000 $9,000 Operating Costs per Year ||$7,000 $ 12,000 Expected Life 16 14 The transportation firm can only afford one of the tractors. The two tractors have identical production capabilities. The firm's cost of capital is 3%. Find the present value of the costs of using the two tractors, Diesel = Number Gasoline = Number Click "Verify" to proceed to the next part of the question This question has 3 parts (ie. you will need to click "verify" three times)

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