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Charlie’s Truck Repair and Service has a new contract that requires him to purchase

Question: Charlie’s Truck Repair and Service has a new contract that requires him to purchase and maintain new equipment for work on 18-wheeler trucks and heavy road equipment. Two separate vendors have made quotes and estimates for Charlie. Use the estimates and a 6% per year return requirement to find the better economic option. Write all your basic set up equation,See the answerSee the answerSee the answer done loadinghand solving Show transcribed image text 100% (1 rating)Transcribed image text: Charlie’s Truck Repair and Service has a new contract that requires him to purchase and maintain new equipment for work on 18-wheeler trucks and heavy road equipment. Two separate vendors have made quotes and estimates for Charlie. Use the estimates and a 6% per year return requirement to find the better economic option. Write all your basic set up equation, formulae and detailed hand calculations. You are required to submit your hand calculations. Vendor X Y Initial Cost (S) -136,000 -220,000 AOC (S/year) -12,000 -10,000 75,000 75,000 Annual revenue (S/year) Salvage Value (S) Life (years) 9,000 25,000 3 6 In comparing the alternatives on a present worth basis, the PW of machine X is closest to In comparing the alternatives on a future worth basis, the FW of machine X is closest to

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