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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 tractor. Expected Life nitial Cost $17,000 $6,000 Operating costs per Year $8,000 $10,000 The transportation firm can only afford one of the tractors. The two tractors have identical production capabilities. The firm's cost of capital is 1%. Find the present value of the costs of using the two tractors. Diesel - 70825.56 Correct response: 70,825.5612 Gasoline = 54534.31 Correct response: 54,534.312 Click "Verify" to proceed to the next part of the question. Glven that the not present value of the costs of the Diesel tractor are $70,825,56 and of the Gasoline tractor are $54,534.31, what are the equivalent annual costs for each machine? EAC Diesel = Number EAC Gasoline = Number Click "Verity to proceed to the next part of the question. Section Attempt 1 of 1 Verify

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