Its my 3 time and i have last chance please answer this correctly!!! ( wrong answer will be dislike) A pipeline contractor can purchase a needed truck for $42,000. Its estimated life is 6 years, and it has no salvage value. Maintenance is estimated to be $3,100 per year. Operating expense is $60 per day. The contractor can hire a similar unit for $190 per day. MARR is 7%.a. How many days per year must the truck’s services be needed such that the two alternatives are equally costly?b. If the truck is needed for 180 days/year, should the contractor buy the truck or hire the similar unit? Determine the dollar amount of savings generated by using the preferred alternative rather than nonpreferred.

here we calculate the following questions by using the given data , so the calculation of the…

A pipeline contractor can purchase a needed truck for $42,000. Its estimated life is 6 years, and it has no salvage value. Maintenance is estimated to be $3,100 per year. Operating expense is $60 per day. The contractor can hire a similar unit for $190 per day. MARR is 7%.

A pipeline contractor can purchase a needed truck for $42,000. Its estimated life is 6 years, and it has no salvage value. Maintenance is estimated to be $3,100 per year. Operating expense is $60 per day. The contractor can hire a similar unit for $190 per day. MARR is 7%.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Its my 3 time and i have last chance please answer this correctly!!!

( wrong answer will be dislike)

A pipeline contractor can purchase a needed truck for $42,000. Its estimated life is 6 years, and it has no salvage value. Maintenance is estimated to be $3,100 per year. Operating expense is $60 per day. The contractor can hire a similar unit for $190 per day. MARR is 7%.

a. How many days per year must the truck’s services be needed such that the two alternatives are equally costly?

b. If the truck is needed for 180 days/year, should the contractor buy the truck or hire the similar unit? Determine the dollar amount of savings generated by using the preferred alternative rather than nonpreferred.

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