Save Answer 20 points Tom is considering purchasing a $24 000 car After five years, he will be able to sell the vehicle for $8000 Gasoline costs will be $2000 per year insurance $600 per year, and parking $600 per year Maintenance costs for the first year will be $1000,nsing by S400 per year thereafter The alternative is for Tom to take taxis everywhere. This will cost an estimated $6000 per year Tom wil rent a vehicle each year at a total cost (to year-end) of S600 for the family vacation, if he has no car If Tom values money at 11 percent annual interest and using an annual worth comparison method The EAC of purchasing a car is The EAC of using taxis and renting a car is Should he buy the car (Yes or No