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A manufacturer moves pallets of materials with a forklift truck. He has consistently used the...

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Accounting

A manufacturer moves pallets of materials with a forklift truck. He has consistently used the same make and model
of forklift over the past several years. The purchase price has been relatively constant at $8,000 each. Records of
operation and maintenance indicate these average expenses per year as a function of age of the vehicle. The
salvage (market) values of the forklift are also reasonably well known as a function of age. Find the best time to
replace a forklift truck when the MARR =14% per year.
Click the icon to view the average expenses per year.
Click the icon to view the salvage (market) values of the forklift.
Click the icon to view the interest and annuity table for discrete compounding when MARR =14% per year.
Fill the table below. (Round to the nearest dollar.)alcn reacnnahlv well known ac a function of ane. Find the hect time to renlare a forklift truck when the MARR =11% ner vear
Fill the table below. (Round to the nearest dollar.)
Data table
Data table
image

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