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Question 12 A contractor plans to purchase a pickup truck in 10 years, how much should the contractor invest at 5% interest today to have

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Question 12 A contractor plans to purchase a pickup truck in 10 years, how much should the contractor invest at 5% interest today to have the $30,000 needed to purchase the truck at the end of 10 years? Select one #519,50 1.595.000 518,60 TO 0:518,470 Question 13 What the annual cost for a tractor is if a contractor is considering purchasing a used tractor for $180,000 at 10% interest that she could use for 10 years and then sell for an estimated salvage value of $10,000. Annual maintenance and repair costs for the used tractor are estimated to be $15,000 per year. Select one: a $58,390 b. 543,710 C. 540,710 d. $41,970

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