The acme parcel service is considering the purchase of a, Financial Management

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The acme parcel service is considering the purchase of a

The ACME Parcel Service is considering the purchase of a delivery truck costing $40,000 and generating cash inflows of $8,000 every year while still in operating condition. If management's opportunity cost of funds is 12 percent, how long must the truck last for the investment to be worthwhile?

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