Consider the following two tractors a company can purchase. The following tables provide the costs...
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Consider the following two tractors a company can purchase. The following tables provide the costs the company will incur (in thousands of dollars) in the lifetime of each tractor. Expected Life Diesel Gasoline nitial Cost $18,000 $8,000 Operating Costs per Year $6,000 $10,000 The transportation firm can only afford one of the tractors. The two tractors have identical production capabilities. The firm's cost of capital is 3%. Find the present value of the costs of using the two tractors. Diesel Number Gasoline - Number Click "Verify" to proceed to the next part of the question. Attempt 1 of 1 Section Verify
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