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ypu plan to purchase a car for $28,000. Its market value will decrease by 20% per year. You have determined that the IRS allowed mileage

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ypu plan to purchase a car for $28,000. Its market value will decrease by 20% per year. You have determined that the IRS allowed mileage reimbursement rate for business travel s about right for fuel oils, greases, tires, and so on. You normally drive 15,000 miles per year. Your MARR is 9%. per mile in the 1st year. You anticipate that it will go up at a rate of 10% each year, with the price of o risino. Infi endng gasoline What is the optimum replacement interval for the car? vears Round your answer to a whole number Show the EUAC value used to reach your decision: sOR Carry all interim calculations to 5 decimal places and then round your final answer to the nearest dollar. The tolerance is t10. 14764

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