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Tiny Bay Freight Company (TBFC) wants to begin business with one delivery truck. After two years of operation, the company plans to increase the number of trucks to two, and after four years, plans to increase the number to three. TBFC currently has no trucks. The company is considering purchasing one type of truck that costs S 30000. The operating and maintenance costs are estimated to be 7200 per year. The resale value of the truck will decline each year by 40 % of the current value. The comp

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