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E221 - John needs a commute car. He has three options shown in the following table, using Present Worth analysis. What is the Present Worth
E221 - John needs a commute car. He has three options shown in the following table, using Present Worth analysis. What is the Present Worth (PW) Cost of Each Option. MARR = 10% compounded monthly.
| 2003 Subaru | 2005 Civic | Rent | |
| Annual Operation Cost | $ 6,000.00 | $ 6,500.00 | - |
| Purchasing Price | $ 500.00 | $ 200.00 | |
| Rental Resale price | $ 2,500.00 | $ 2,000.00 | |
| Years to keep | 3 | 4 | forever |
Please use excel
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Commodity Market Trading And Investment
Authors: Tom James
1st Edition
1137432802, 978-1137432803
