Nancys Notions pays a delivery firm to distribute its products in the metro area. Delivery costs are $35,000 per year. Nancy can buy a used truck for $12,000 that will be adequate for the next 3 years. Operating and maintenance costs are estimated to be $24,500 per year. At the end of 3 years, the used truck will have an estimated salvage value of $3,000. Nancys MARR is 16%/year.

No wrong answers or else will be reported to Chegg. Only correct answers welcome. No EXCEL. Just use Equations to solve this problems by hand. Show each and every step.

Question 1 Nancy's Notions pays a delivery firm to distribute its products in the metro area. Delivery costs are $35,000 per year. Nancy can buy a used truck for $12,000 that will be adequate for the next 3 years. Operating and maintenance costs are estimated to be $24,500 per year. At the end of 3 years, the used truck will have an estimated salvage value of $3,000 Nancy's MARR is 16%/year. Click here to access the TVM Factor Table Calculator part a X Your answer is incorrect. Try again . ' What is the present worth of this investment? $ Round entry to two decimal places. The tolerance is 5