Question: please answer with clear hand writing solution Initial down payment = $2200 Annual payments = $5500, EOY1-EOY4 Prepaid insurance = $1500, growing 8% annually Gas

please answer with clear hand writing solution please answer with clear hand writing solution
Initial down payment = $2200 Annual payments = $5500, EOY1-EOY4 Prepaid insurance = $1500, growing 8% annually Gas & oil & minor maintenance = $2000, growing 10% annually Replacement tires = $650 at EOY4 & $800 at EOY8 Major maintenance = $2400 at EOY5 Salvage value = $3750 at EOY9 Contributed by Paul R. McCright, University of South Florida

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