Question: Excel work please Correct answer: 303 A local delivery company is purchasing a delivery truck for $32,000. The truck will be depreciated under MACRS as

Excel work please Correct answer: 303 "A local delivery company is

Excel work please

Correct answer: 303

"A local delivery company is purchasing a delivery truck for $32,000. The truck will be depreciated under MACRS as a five-year property. The truck's market value (salvage value) is expected to decrease by $4,200 per year. It is expected that the purchase of the truck will increase its revenue by $15,000 annually. The O&M costs are expected to be $4,900 per year. The firm is in the 21% tax bracket, and its MARR is 15%. If the company plans to keep the truck only two years, what is the net present worth

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