Assume that you are considering to buy a Toyota Corolla automobile. You need to select one of the Diesel and Gasoline option. The related information is given in the following table. The car will be used for 5 years and then it will be sold. What is the annual average distance that makes Diesel and Gasolline option equivalent (i=10%). Diesel Gasoline Price (TL) 94000 78000 Insurance (TL/year) 700 700 Fuel cost (Lt/TL) 4.44 5.16 Fuel consumption (Ltkm) Salvage value after 5 years (TL) 0.042 0.058 70000 58000

Q: how did u get that answer in the table? the present value? please solve

A: Here, First Cost is $8,914,223 Annual Operating Cost id 4281,740 Salvage Value at the end of 6 year…

Q: do you have the answer in a different format using equations

A: The present value is the present worth of the amount that will be paid or received in the future.

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A: Perpetuity: It is a stream of cash flow that is presumed to continue for an indefinite period.

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A: Which is the target of data flow as follows:-

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A:

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A:

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A: The original question deals with preparation of amortisation schedule.

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A:

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