Problem 9-1 (algorithmic) Question Help Suppose that you have an old car that is a real gas guzzler. It is 10 years old and could be sold to a local dealer for $500 cash. The annual maintenance costs will average $900 per year into the foreseeable future, and the car averages only 11 miles per gallon. Gasoline costs $3.30 per gallon, and you drive 12,000 miles per year. You now have an opportunity to replace the old car with a better one that costs $8,000. If you buy it, you will pay cash. Because of a 2-year warranty, the maintenance costs are expected to be negligible. This car averages 32 miles per gallon. Should you k the old car or replace it? Utilize a 2-year comparison period and assu income taxes and let your MARR be 15% . Click the icon to view the interest and annuity table for discrete compounding when MARR 15% per year The AW of the old car is $ (Round to the nearest dollar.)