Dynasty Might-E Zenn Initial costs $13,000 $13,550 $5,281 $14,000 Annual expenses $4,781 Annual savings Salvage value Life (years) $6,081 $7,581 $6,781 $1,300 10 $7,581 $1,600 $2,000 10 10 IRR 9.64% 11.93% 3.36%
Dynasty Might-E Zenn Initial costs $13,000 $13,550 $5,281 $14,000 Annual expenses $4,781 Annual savings Salvage value Life (years) $6,081 $7,581 $6,781 $1,300 10 $7,581 $1,600 $2,000 10 10 IRR 9.64% 11.93% 3.36%
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Pamela recently moved to Celebration, Florida, an unincorporated master-planned community in Osceola County that connects directly to the Walt Disney World parks. To support the planned community’s environmentally friendly transit system and to save on transportation costs, she wants to buy a new Neighborhood Electric Vehicle (NEV). She is looking into three models of the NEVs and has been provided with the information below. Compare the alternatives shown and determine which model should be purchased if Pamela’s personal MARR is 8% per year.
Transcribed Image Text:Dynasty Might-E Zenn
Initial costs
$13,000 $13,550
$5,281
$14,000
Annual expenses $4,781
Annual savings
Salvage value
Life (years)
$6,081
$7,581
$6,781
$1,300
10
$7,581
$1,600
$2,000
10
10
IRR
9.64%
11.93%
3.36%
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