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You must decide between two different cars. Using an interest rate of 8% per year, the PV of car B is closest to A. $

You must decide between two different cars. Using an interest rate of 8% per year, the PV of car B is closest to

image text in transcribed

A.

$ -55414

B.

$ -55014

C.

$ -56414

D.

$ -54414

first cost annual operating cost salvage life years car A 32000 -4000 4000 3 car B -20000 -3500 2000 6

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