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%?

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

Section: Chapter Questions

Problem 1P

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Question

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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