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QUESTION 2 Ruth intends to buy a car worth R 3 6 0 0 0 0 to use it as Uber and sell it in

QUESTION 2
Ruth intends to buy a car worth R360000 to use it as Uber and sell it in 10 years. The car is expected to give her an average monthly profit of R40000, and this profit remains constant until the car is sold at a scrape value of R35000 at the end of the tenth year.
2.(a) Illustrate with the aid of a diagram the cash-flow diagram for this investment.
2.(b) Assess whether this proposal is worth going for using the present worth method if the MARR is 18%.
[Subtotal =10 Marks]
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