One tractor to be considered is an international harvestor, Ask an Expert

Economics

One tractor to be considered is an International Harvestor. It has an initial cost of $38,000 and an annual maintenance of 100 with a salvage value of $17,000. It's useful life in years is 25. What is the value/cost closest to the annual worth of the International Harvestor tractor using an interest rate of 10%?

A) -$4,113

B) -$4,460

C) -$4,260

D) -$4,290

E) -$3,913

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91385064

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