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help me to solve this question on Excel in income. Ahmad is an employee Al Quds Bank, so he can borrow at 6% Ahmad wants
help me to solve this question on Excel
in income. Ahmad is an employee Al Quds Bank, so he can borrow at 6% Ahmad wants to im improve his A friend told that a Toxi would be a good project - since he con borrow cheap Ahmad find that the yearly income would be 150000 nig, however he has to hire a driver for 60000 nis cyearly Ahmad has two choices Buy Mercedes Diesel for 250000 tis However, he has to spend yearly 30000 nis inswonce anel Maintinance. Solar 50ooo sh. Ahmad think the he can sell the car for 100 000 after I, 5 years I insurance and Mointinona 2500, Choice B is to buy electric cer for 300 000 Charging the battery may cost him 15000 yearly The car can be sold for 150000 after 5 years 1 which projects shold Ahmad . choose. 2. Suppose Ahmad decide to leave his job at the bank. Then he pay int 12". Is it Optimal to choose either project Will 3, what should be the income from the electric car so that you would accept the proj ulse Goal SeekerStep by Step Solution
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