The TerraMax truck currently being manufacturedby Oshkosh

Chapter 4, Problem 4.23

(choose chapter or problem)

The TerraMax truck currently being manufacturedby Oshkosh Truck Co. is a driverless truck that isintended for military use. Such a truck frees personnelto more effectively perform nondriving tasks,such as reading maps, scanning for roadside explosives,or scouting for the enemy. If such trucks canresult in reduced injuries to military personnelamounting to $15 million 3 years from now, determinethe present worth of these benefits at an interestrate 10% per year, compounded semiannually.

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