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You plan to buy a new car priced at RM85 000 - RM90 000 from a local vehicle sales center. In your study, the 3
You plan to buy a new car priced at RM85 000 - RM90 000 from a local vehicle sales center. In your study, the 3 main models to be your choice are Honda City, Toyota Vios and Nissan Almera. By using engineering economics method, analysis the best alternative option if inflation is 6%. Assume that the bank loan is 90% with a current interest rate of 3%. calculate maintenance costs, depreciation the vehicle is 10% per annum and the car will be sold after 5 years
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