Question: A construction form needs a new small loader. It can be purchased for $20,000. The firm expects the loader to have a salvage value of

A construction form needs a new small loader. It can be purchased for $20,000. The firm expects the loader to have a salvage value of $2,000 after 7 years. The maintenance cost will be $1,400 each year. The firm's interest rate is 1% per year. Compute the Equivalent Uniform Annual Worth (EUAW). EUAW = EUAB - EUAC Submit the absolute value of your answer (positive value). Margin of error: +/- 50

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