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A contractor is looking to purchase a new triax dump truck. Based upon an annual interest...

A contractor is looking to purchase a new triax dump truck. Based upon an annual interest rate of 8%, which dump truck has the lowest EUAC and what is it?

Dump Truck A Dump Truck B
Purchase Price $75,000 $120,000
Annual Maintenance $15,000 $12,000
Salvage Value $16,000 $20,000
Useful Life 8 years 18 years

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