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An engineering company is deciding whether to purchase a truck. This truck will have a first...

An engineering company is deciding whether to purchase a truck. This truck will have a first cost of $40,000, an operating cost of $4,700 per year, and a salvage value of $24,500 after 8 years. Conduct an Annual-Worth (AW) analysis at a hurdle interest rate of 11% per year on this truck.

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