please help me solve question 21

Question 21 (4 points) I like driving small cars and I buy nearly identical ones whenever the old one needs replacing Typically, I trade in Imy old car for a new one costing about $20000 Standard maintenance and repair costs expected to be $500 in the first year (at the end of the year), $750 in the second year, increasing by $500 per year thereafter. Assume interest is 8% and straight line depreciation with a salvage value for the vehicle of $4000 after four years a What year would you replace the car? Enter The year number (1,2,3, or 4). EAC EAC EAC Capital Maintenance xxxx xxxxxxxxxxxxxx Year Salvage Maintenance $20,000 XXXXXXXXXXXXXX 1 Total xxxxx XXXXXXXXX 2 3 4 Your