Dick Dickerson Construction Inc. has asked to you help them select a new backhoe. Youhave a choice..


Dick Dickerson Construction Inc. has asked to you succor them select a new backhoe. Youhave a precious between a wheel-mounted rendering, which costs $50,000 and has an expected morals of 5 years and asalvage treasure of $2000, and a track-mounted one, which costs $80,000, delay a 5-year morals and an expected salvage treasure of $10,000. Both machines conquer close the same productivity. Interest is 8%. Which one conquer you advise? Use a confer-upon worth analysis.