Question: Please put exact answers and show all steps! What is the annual equivalent cost of purchasing a lift truck that has an initial cost of

Please put exact answers and show all steps!

Please put exact answers and show all steps! What is the annual

What is the annual equivalent cost of purchasing a lift truck that has an initial cost of $65,000, an annual operating cost of $13,500, and an estimated salvage value of $23,000 after six years of use at an annual interest rate of 6%? Click the icon to view the interest factors for discrete compounding when ,-6% per year. The annual equivalent cost is S(Round to the nearest dollar.)

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