Business, 13.02.2020 04:53 astarkey14

A 12-cylinder heavy-duty diesel engine will have a guaranteed residual value of $1,000 in five years. Today (year 0) the equivalent worth of this engine is how much if the interest rate is 9% per year?

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A 12-cylinder heavy-duty diesel engine will have a guaranteed residual value of $1,000 in five years...