Suppose you have purchased ten new cars 5 years ago at 1200000. The cars needed 50000...

 

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Suppose you have purchased ten new cars 5 years ago at 1200000. The cars needed 50000 to maintain annual basis. At the end of 3rd year 100000 was extra was spent for air condition set up. Now suppose you want to sell at 1100000 and you are receiving rent amount of 100000 per year at the beginning of each year from the cars. Evaluate your investment on cars by Annual Equivalent (Annual Worth AW) AE method when MARR is 12% Suppose you have purchased ten new cars 5 years ago at 1200000. The cars needed 50000 to maintain annual basis. At the end of 3rd year 100000 was extra was spent for air condition set up. Now suppose you want to sell at 1100000 and you are receiving rent amount of 100000 per year at the beginning of each year from the cars. Evaluate your investment on cars by Annual Equivalent (Annual Worth AW) AE method when MARR is 12%

Answer rating: 100% (QA)

To evaluate your investment on the cars by the Annual Equivalent AE method when the Minimum Attracti... View the full answer