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E Homework: Chapter 7 Problems Question 1, P7-2 (simila HW Score: 0% 0 of 12 points Part 13 Points: 0 ore Save Gorman Panties Contractors reeds to purchase a new truck. The owner is considering two serent truck models that are currently on the market, Germany we wtoratives de perted below Casteloon to wow the two tomatives) Chok the icon to ww the Future Value of 1 tabi (Click the icon to view the Provee Value tab) Ce the boon to view the Future Value of an ordinary Arruty table) . (Click to toon to view the Present Value of an Ordew'y nuty table) Co the icon to the Pature Value of an annuty Due tode) Click the icon to view the role in auly Duet Requirement Which truck should Goman purchase given an interest rate of 12%, compounded Assume that maintenance costs will be paid at your end. ( Uhe present and Mure is the forma method, a financial calculator or a spoodshoot for your calculations fusing out and future vale tables of the formula methods factorents rounded to federal places XXOO0OC Hound nermeday cruncy calculations and your flawer to the nearest cont. SX XX) - X More info Bogin by computing the present water of Truck A Thw ponimet vatan of the first alterativo (Tuck A) in Track Gommacan purchase Truck A for $48,000. The truck has a of 6 years and will require anualmente costs of $1.900 wach year Gorman coxpects tool the truck for $10,000 years Tack Goran Ganpurchase Truck B for $39.000 This truck also has a file of 6 years but will have to save I will require maintenance cost every two years as follows Year 2 $3.500 Your $7,600 59.800 Year