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When.to-replace.an asset:Nemo-Haulers is considering-whether to purchase a new mini tractor for moving-furniture within its warehouse.-Nemo calculates that its current mini tractor generates $3,100 of cash

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When.to-replace.an asset:Nemo-Haulers is considering-whether to purchase a new mini tractor for moving-furniture within its warehouse.-Nemo calculates that its current mini tractor generates $3,100 of cash flow per-year. A new mini tractor would cost $3,000 and would provide cash flow of $4,000 per year for five years. What is the equivalent annual cash flow for.the new mini tractor (round to the nearest dollar), and should Nemo purchase.the new.tractor? Assume the cost of capital.for.Nemo is 10 percent.1 ,$3,209,-purchase-the-new-tractor $12,163, purchase.the new tractoria $3,000, do not purchase the new.tractoria C $4,000, purchase the new tractorio

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