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OT d) Do both methods (Present Worth and Annual Worth) always yield to the same decision? e) For a twenty-year study period, what salvage value
OT d) Do both methods (Present Worth and Annual Worth) always yield to the same decision? e) For a twenty-year study period, what salvage value for press Y would make it a better choice? Price Consumption Fuel/Energy Price 7+ QUESTION 4 A commuter in the Great Toronto Area is choosing between two commuting cars of comparable sizes. The first is a traditional gasoline car and the second is an all-electric car. Anticipated usage by the commuter is 20,000 km per year. The market value for both cars decreases by 10% per year (Declining Balance Depreciation). Given the data in the table below and assuming that paying will be in cash, answer the following at 0% interest rate. QUESTION 5 & 7 11-CS-1 Engineering Economics, May 2017 - page 2 of 3 pages 8 a) If the commuter is going to resell the car after 3 years, which car model is more economic? (7 Marks) b) What gas price would justify the all-electric model, over the gasoline model, if the commuter will resell the car after 4 years? (9 Marks) c) How many years of
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