Calculate the annual worth of the presently owned car if it is kept for 1 more year? 2 more years? 3 more years? or if it kept for 5 years?

C: Use this information to answer Q 10, 11, 12, 13, and 14 A recent environmental technology graduate is trying to decide whether he should keep his presently owned car or purchase a more environmentally friendly hybrid. A new car will cost $26000 and have annual operating cost of $1200 per year with an $8000 salvage value in 5 years (which is its estimated economic service life). The presently owned car has a resale value now of $5000; one year from now it will be $3000, two years from now $2500, and 3 years from now $2200. Its operating cost is expected to be $1900 in year 1, $2100 in year 2, and $2300 in year 3. The presently owned car will definitely not be kept longer than 3 more years. Assume that i 10% per year. Question 10 (4 points)