Paragraph Styles compound interest - replacement analysis A sedan car was used as your family transport. The car was purchased for $100k and may be salvaged at $45k, after 9 years of usage (actually after 9 years' loan payment). After two years, you are shortage of cash to pay the monthly installment (around $900/ monthly) due to your family expenses commitment. The car now is only priced $72k with a maintenance cost of $12k. You insist on an option such as renting a multi-purpose vehicle (MPV) and using GRAB services (no purchasing and salvage value cost, but an operation cost of 18k) instead of owning one. Make a decision based on i= 12%. Paragraph Styles compound interest - replacement analysis A sedan car was used as your family transport. The car was purchased for $100k and may be salvaged at $45k, after 9 years of usage (actually after 9 years' loan payment). After two years, you are shortage of cash to pay the monthly installment (around $900/ monthly) due to your family expenses commitment. The car now is only priced $72k with a maintenance cost of $12k. You insist on an option such as renting a multi-purpose vehicle (MPV) and using GRAB services (no purchasing and salvage value cost, but an operation cost of 18k) instead of owning one. Make a decision based on i= 12%