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Question 4 Not yet Jennifer runs a business grading roads. She needs to replace her grader and she has two choices. A new grader costs
Question 4 Not yet Jennifer runs a business grading roads. She needs to replace her grader and she has two choices. A new grader costs $150000 to purchase, will yield a return of $30000 per year, and will have a salvage value of $40000 in 6 years. A used grader costs $380000 to purchase, will yield a return of $70000 per year, and will have a salvage value of $30000 in 3 years. She uses a discount rate of 4%. What will be the Annual Equivalent Amount for a new grader? answered Marked out of 2.00 What will be the Annual Equivalent Amount for a used grader? Flag question Answer to the nearest dollar. If the answer is negative then include the negative sign
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