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You buy a bulldozer today for $ 120,000. You have been told by the manufacturer to expect approximately $12,000 in maintenance costs per year. After

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You buy a bulldozer today for $ 120,000. You have been told by the manufacturer to expect approximately $12,000 in maintenance costs per year. After 10 years you can sell the bulldozer for $70,000. How much profit must this bulldozer help you to make each year to justify this investment? Assume the alternative is an investment in an account with an APR of 6% compounded monthly

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