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Joe's Taco Hut can purchase a delivery truck for $40,000, for which he will take out a loan from the bank. He estimates it will
Joe's Taco Hut can purchase a delivery truck for $40,000, for which he will take out a loan from the bank. He estimates it will generate a net income (after taxes, maintenance, and operaling costs) of $6,000 per year. His other option is to go to work for someone else earning net income of $4,000 per year. Assume that Joe can resell the truck for the entire purchase price of $40,000
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