What is the annual equivalent cost of purchasing a lift truck that has an initial cost of
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What is the annual equivalent cost of purchasing a lift truck that has an initial cost of $65,000, an annual operating cost of $13,500, and an estimated salvage value of $23,000 after six years of use at an annual interest rate of 6%?
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AE6 6500023000AP66 006 2300013500 ...View the full answer
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