s needs to purchase a new truck. The owner is considering two different truck models that are curren ne two alternatives.
the Future Value of $ table.
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the Future Value of an Ordinary Annuity table.
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Truck A: Gorman can purchase Truck A for $ The truck has a useful life of years and will require annual maintenance costs of $ each year. Gorman expects to sell the truck for $ after years.
Truck B; Gorman can purchase Truck B for $ This truck also has a useful life of years but will have no scrap value. It will require maintenance costs every three years as follows:
Year : $
Year : $
Year : $
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