Calculate hourly ownership cost of a 80,000 $ backhoe, on the second year after its purchase,...

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Calculate hourly ownership cost of a 80,000 $ backhoe, on the second year after its purchase, using Peuferoy method. Make your own assumptions for the interest rate, tire cost and all other data needed for this calculation. Compare your hourly cost with the market data for rent of this machine, excluding maintenance (10 points) Calculate hourly ownership cost of a 80,000 $ backhoe, on the second year after its purchase, using Peuferoy method. Make your own assumptions for the interest rate, tire cost and all other data needed for this calculation. Compare your hourly cost with the market data for rent of this machine, excluding maintenance (10 points)

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To calculate the hourly ownership cost of the backhoe using the Peuferoy method we need to consider ... View the full answer