1. One tractor to be considered is an Montana. It has an initial cost of $36,000 and an annual maintenance of 100 with a salvage value of $17,000. It's useful life in years is 25. What is the value/cost closest to the annual worth of the Montana tractor using an interest rate of 10%?

2.One tractor to be considered is an International Harvestor. It has an initial cost of $30,000 and an annual maintenance of 175 with a salvage value of $10,000. It's useful life in years is 18. What is the value/cost closest to the annual worth of the International Harvestor tractor using an interest rate of 10%?

3

A college student has been looking for tires and has found the following:

Tire Warranty for a Cooper tire is 24 months at a price per tire of $59.95. What is MONTHLY worth/cost of one tire if we consider annual interest rates are at 10%?