Question: Gateway Tours is choosing between two bus models. One is more expensive to purchase and maintain, but lasts much longer than the other. Gateway's discount

Gateway Tours is choosing between two bus models. One is more expensive to purchase and maintain, but lasts much longer than the other. Gateway's discount rate is 11%. It plans to continue with one of the two models for the foreseeable futuro. Based on the equivalent annual costs of each, shown below, which should it choose? [Note: I have tried to make it easier for you to solve this problem. You do not need to do extra, unnecessary calculations merely to show me your work.] Model Year 0 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Old R R $0 -S19 $19 -S19 -S19 -$19 $19 S&S SO -S23 $23 -S23 -S23 Which bus should Gateway Tours choose? because s is better than Give me the name of the bus that should be chosen, and the final numbers that justify your answer. Do not explain any concepts - I'm looking for an answer along the lines of "Choose S [I'm sorry if the columns don't line up perfectly. Old R. is a 6 year project, and S&S is a 4 year project.] B 1 U ! . - DE x x' Insert Formula
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