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Ive already found NPV but needed to post question 17 for the information, now just need future value and rate of return if possible 17.
Ive already found NPV but needed to post question 17 for the information, now just need future value and rate of return if possible 17. Your company is looking at purchasing a dump truck at a cost of $65,000. The truck would have a useful life of five years. At the end of the fifth year the salvage value is estimated to be $10,000. The dump truck could be billed out at $68.00 per hour and costs $13.00 per hour to operate. The operator costs $35.00 per hour. Using 1,000 billable hours per year, determine the NPV for the purchase of the dump truck using a MARR of 18%. Should your company purchase the dump truck? 25. Determine the future worth for Problem 17. Should your company purchase the dump truck
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