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28 Sep 2019
The initial cost of a pickup truck is $12,123 and will have a salvage value of $4,102 after five years. Maintenance is estimated to be a uniform gradient amount of $176 per year, with zero dollars for first-year maintenance. The operation cost is estimated to be $0.3 per mile for 232 miles per month. If the interest rate is 12%, what is the Equivalent Uniform Annual Cost (EUAC) for the truck?
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The initial cost of a pickup truck is $12,123 and will have a salvage value of $4,102 after five years. Maintenance is estimated to be a uniform gradient amount of $176 per year, with zero dollars for first-year maintenance. The operation cost is estimated to be $0.3 per mile for 232 miles per month. If the interest rate is 12%, what is the Equivalent Uniform Annual Cost (EUAC) for the truck?
Ā
Romarie Khazandra MarijuanLv10
28 Sep 2019
