Aurian rents trucks for his hauling service and pays 17 per, Finance Basics

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Aurian rents trucks for his hauling service and pays 17 per

Question: Aurian rents trucks for his hauling service and pays $17 per hour for a truck. He rents the trucks on an asneeded basis about twice per week. His daily cost of capital is 0.05% and he rents a truck today for 2 hours, two days from now for 4 hours, and 4 days from now for 8 hours. If his tax rate is 8%, then what is the present value of his after tax lease payments?

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Finance Basics: Aurian rents trucks for his hauling service and pays 17 per

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