Frique and Fraque have an Impala and Malibu
respectively. What is the annualized cost of the more expensive
car, to the nearest dollar, at a MARR of 5%?

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Question: Frique and Fraque have an Impala and Malibu respectively. What is the annualized cost of the more…
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Here are the financial details:

                                                
Impala              
Malibu

Price                                          $25,500             
$19,200

Annual
maintenance                  
  1,500                  1,000

Gas and oil (increasing
15%/yr)    1,200                  2,500

Salvage (8
yr)                             
10,000                  8,000

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