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RevenuRobinson Co . is interested in purchasing a new delivery vehicle so it can become a subcontractor with Amazon Logistics. The vehicle would cost $
RevenuRobinson Co
is interested in purchasing a new delivery vehicle so it can become a subcontractor with Amazon Logistics. The vehicle would cost $
and generate delivery revenue of $
for each of the next
years If Robinson Co
purchases the vehicle, it will take a loan for $
The terms of the loan stipulate that
annual interest would be charged and that the loan would be repaid in
equal end of year payments. At the end of the
ye
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