Deal #$2-$ $$68,000$ Loader

You want to buy a frontend loader for $$68,000.$

Five$-$year useful life and a $$6,800$ salvage value

Cost to operate of $$\frac{40}{?}$ hour and billable rate of $$\frac{25}{?}$ hour

$1,200$ Billable Hours per year

The company's MARR is $14\%$

Should they buy the piece of equipment?

#$6$

Using Payback WITH Interest, does this payback before the $5$ years? $m$

How much does this investment payback with interest by the end of Year $5?$

$\backslash$table$[[[$Select $]],[$$$61,795$