Question: A small residential developer is analyzing a potential challenger to his current front-end loader. The loader was purchased 6 years ago for $53,000. The most

A small residential developer is analyzing a potential challenger to his current front-end loader. The loader was purchased 6 years ago for $53,000. The most recent economic information about the loader is shown below. In determining the economic life of the vehicle, the AW for keeping the loader for 3 more years at an interest rate of 8% per year is closest to: $8,385$9,214$10,950 d. $12,343

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