Pamela recently moved to Celebration, Florida, an unincorporated master-planned community in Osceola County that connects directly to the Walt Disney World parks. To support the planned community's environmentally friendly transit system and to save on transportation costs, she wants to buy a new Neighborhood Electric Vehicle (NEV). She is looking into three models of the NEVs and has been provided with the information below. Compare the alternatives shown and determine which model should be purchased if Pamela's personal MARR is 4% 

per year.

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Dynasty Might-E Zenn Initial costs $12,000 $4,884 $6,384 $1,100 $13,550 $5,733 $7,533 $1,700 $15,000 $6,594 $8,094 $2,300 Annual expenses Annual savings Salvage value Life (years) 10 10 10 IRR 5.42% 6.93% 2.41% Dynasty Might-E Zenn Initial costs $12,000 $4,884 $6,384 $1,100 $13,550 $5,733 $7,533 $1,700 $15,000 $6,594 $8,094 $2,300 Annual expenses Annual savings Salvage value Life (years) 10 10 10 IRR 5.42% 6.93% 2.41%

Answer rating: 100% (QA)

PW Dynasty 12000 6384 4884 x PA4 10 1100 x PF4 10 12000 1500 x 81109 1100 x 06756 1200... View the full answer