Question: Answer correct B 1 1. Please calculate the equivalent annual cost for a truck that has an initial cost of $80,000, annual operating costs of

Answer correct Answer correct B 1 1. Please calculate the equivalent annual cost for

B 1 1. Please calculate the equivalent annual cost for a truck that has an initial cost of $80,000, annual operating costs of $4,000, a lifespan of 15 years, and an expected resale value in 15 years of $5,000. The discount rate is 7%. PV EAC 2 3 4

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