CoasttoCoast Inc. is considering the purchase of an additional delivery vehicle for $ on January Y The truck is expected to have a year life with an expected residual value of $ at the end of years. The expected additional revenues from the added delivery capacity are anticipated to be $ per year for each of the next years. A driver will cost $ in Y with an expected annual salary increase of $ for each year thereafter. The annual operating costs for the truck are estimated to be $ per year.
Present Value of $ at Compound Interest
Year
a Determine the expected annual net cash flows from the delivery truck investment for YY
