Construction Equipment Financing: innovative options
RV function of a CE equipment •Based on RV data, we derive the following equation for residual values of a standard CE (say, JCB) •y = 24e-0.297x •Where Y is the value •X is the no of years the asset has been used 12 Life Expected RVs derived RVs from formula 0 24 24 1 18 17.8330563 2 14 13.2507457 3 11 9.84588725 4 8 7.31592757 5 6 5 ... ................
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