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Business, 14.11.2019 01:31 Vlonebuddy

Don west is considering buying a pick up truck at a cost of $30,000. he is planning to keep the truck for four years and is hoping that the truck will sell for $10,000 at the end of year 4. he estimates that the insurance, property tax, and maintenance costs will be $2,000 in year 1 and gradually increase every year by $1,000. the equivalent uniform annual cost of this truck at 9% interest rate is

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