Calculate the equivalent annual cost of fuel for mail trucks that records indicate costs $72,000 in year
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Question:
Calculate the equivalent annual cost of fuel for mail trucks that records indicate costs $72,000 in year one, increasing by $1000 per year through year five. Use an interest rate of 8% per year.
Related Book For
Engineering Economic Analysis
ISBN: 9780195168075
9th Edition
Authors: Donald Newnan, Ted Eschanbach, Jerome Lavelle
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