Question: E221 - John needs a commute car. He has three options shown in the following table, using Present Worth analysis. What is the Present Worth

E221 - John needs a commute car. He has three options shown in the following table, using Present Worth analysis. What is the Present Worth (PW) Cost of Each Option. MARR = 10% compounded monthly.

2003 Subaru 2005 Civic Rent
Annual Operation Cost $ 6,000.00 $ 6,500.00 -
Purchasing Price $ 500.00 $ 200.00
Rental Resale price $ 2,500.00 $ 2,000.00
Years to keep 3 4 forever

Please use excel

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