Question: **SHOW WORK** Gateway Tours is choosing between two bus models. One is more expensive to purchase and maintain, but lasts much longer than the other.

**SHOW WORK** Gateway Tours is choosing between two bus models. One

**SHOW WORK**

Gateway Tours is choosing between two bus models. One is more expensive to purchase and maintain, but lasts much longer than the other. Gateway's discount rate is 9%. It plans to continue with one of the two models for the foreseeable future. Based on the equivalent annual costs of each, shown below, which should it choose? [Note: I have tried to make it easier for you to solve this problem. You do not need to do extra, unnecessary calculations merely to show me your work.] Model Year 0 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Old R $0 -$23 -$23 $23 -$23 -$23 -$23 S&S $0 -$21 -$21 -$21 $21 Which bus should Gateway Tours choose? Give me the name of the bus that should be chosen, and the final numbers that justify your answer. Do not explain any concepts - I'm looking for an answer along the lines of "Choose because $ is better than $ [I'm sorry if the columns don't line up perfectly. Old R. is a 6 year project, and S&S is a 4 year project.]

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