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Solve this question. A new municipal refuse-collection truck can be purchased for $84,000. Its expected useful life is six years, at which time its market
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A new municipal refuse-collection truck can be purchased for $84,000. Its expected useful life is six years, at which time its market value will be zero. Annual receipts less expenses will be approximately $18,000 per year over the six-year study period. At MARR of 19%, calculate the (1) future worth of the project, (2) return on investment of the project, (3) benefit-cost ratio of the project, and (4) internal rate of return of the project
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