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Please put exact answers and show all steps! What is the annual equivalent cost of purchasing a lift truck that has an initial cost of

Please put exact answers and show all steps!

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What is the annual equivalent cost of purchasing a lift truck that has an initial cost of $65,000, an annual operating cost of $13,500, and an estimated salvage value of $23,000 after six years of use at an annual interest rate of 6%? Click the icon to view the interest factors for discrete compounding when ,-6% per year. The annual equivalent cost is S(Round to the nearest dollar.)

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