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Ahmad want to buy Taxi from Abed. Abed offered to sell his taxi for $60000 Ahmad estimated that a yearly income would be $20,000, however
Ahmad want to buy Taxi from Abed. Abed offered to sell his taxi for $60000 Ahmad estimated that a yearly income would be $20,000, however Ahmad needs to hire a driver cost $12000 yearly. Ahmad would hold the taxi 5 years, after which he would sell the taxi for $40000, Ahmad could borrow at 12% 1. write the net CF that Ahmad would receive each year- (Net CF = Revenue- Expenses) 2. should Ahmad buy the Taxi from his friend
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