3.58 A tractor has a first cost of $40,000, a monthly op erating cost of $1500,

Question

3.58 A tractor has a first cost of $40,000, a monthly op erating cost of $1500, and a salvage value of $12,000 in 10 years. The An identical tractor can be rented for $3200 per month (operating cost not included). If n is the MARR is 12% per year. um number of months per year must be used in order to justify its purchase, the relation to find n is represented by (a) -40,000(A/P.1%,10-1500n (b) (d (d) + 12.000(A/F,1%,10) = 3200n -40,000(A/P.12%, 10)-1500n + 12,000(A/F,12%,10) = 3200n -40,000(A/P.196, 120)-1500n + 12,000(A/F,196,120) = 3200n -40,000(A/P.1 1.4%, 10)-1500n + 12,000(A/F, 11.496, 10) = 3200n writh imetifu nleace

Explanation / Answer

a) Not the right answer, equation is wrong as MARR is wrong

c) Same as above

d) Same as above

b) Should be the right answer as MARR is given correctly as 12%

Related Questions

Navigate

• Browse (All)
• Browse 3
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.