A firm is trying to decide between two types of trucks; one a conventional gasoline...
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A firm is trying to decide between two types of trucks; one a conventional gasoline vehicle and the other a diesel powered The following inlormation is avaliable a. With interest at 7% per year, determine the annual mileage at which the two trucks are equivalent. b. For 14.000 miles per year in travel, which truck should be recommended? Click tho icon to view the interest and annuity table for discrete compounding vriefi =7% per year a. The annual mileage at which the two trucks are equivalent is miles. (Round to the nearest whole number) More Info
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