CPM Construction plans to buy a truck for $150,000, andsell it for $15,000 at the end of five years. The annual operatingcost of the vehicle is $60,000. What is the equivalentannual cost of this truck, if the company uses a MARR of12%?

Structural Analysis
6th Edition
ISBN:9781337630931
Author:KASSIMALI, Aslam.
Publisher:KASSIMALI, Aslam.
Chapter2: Loads On Structures
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CPM Construction plans to buy a truck for $150,000, and
sell it for $15,000 at the end of five years. The annual operating
cost of the vehicle is $60,000. What is the equivalent
annual cost of this truck, if the company uses a MARR of
12%?

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