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John needs a commute car. He has three options shown in the following table, using annual worth analysis, what is the Annual Worth (AW) Cost
John needs a commute car. He has three options shown in the following table, using annual worth analysis, what is the Annual Worth (AW) Cost of Each Option. MARR = 8% compounded monthly.
| 2003 Subaru | 2006 Accord | Rent | |
| Purchasing Price | $ 6,000.00 | $ 8,500.00 | $ - |
| Annual Operation Cost | $ 500.00 | $ 200.00 | $2,500 Rental |
| Resale price | $ 2,500.00 | $ 4,000.00 |
|
| Years to keep | 3 | 4 | Forever |
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