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(12-14) A construction equipment rental company can purchase a new crane for $1,125,000 which is expected to last for 25 year
please show all the excel functions
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Answer #1

Please refer to below spreadsheet for calculation and answer. Cell reference also provided.

ДА В 2 4 Initial Cost Annual rental income Salvage value Life of crane (years) MARR Sah $1,125,000.00 $195,000.00 $147,000.00

Cell reference -

B -Nm Initial Cost Annual rental income Salvage value Life of crane (years) MARR 1125000 195000 147000 25 0.15 8 a) Present w

Hope this will help, please do comment if you need any further explanation. Your feedback would be highly appreciated.

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