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Cost Benefit Analysis *Cost of trucks today is $400,000. *Annual savings in this year's constant dollars is $90,000. *Trucks will last for 4 years and
Cost Benefit Analysis
*Cost of trucks today is $400,000.
*Annual savings in this year's constant dollars is $90,000.
*Trucks will last for 4 years and then will be sold for $100,000. *Discount rate is 7%
Assuming the costs and benefits are incurred at the end of the year, should the city buy the trucks?
I need help with setting this up in excel with the formulas
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