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Trucks used by a logistics company for their offered services have an annual cost of $20,000 for the next 8 years. Two separate payments of
Trucks used by a logistics company for their offered services have an annual cost of $20,000 for the next 8 years. Two separate payments of $100,000 are also made in year 12 and 18. If the expected life of the truck is 30 years, what is the equivalent uniform annual expense over 30 years if the annual interest is 6%?
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