Practical Mathematics for Grade 11, Problem ID: 2172
A project manager needs a car 3 days per week.
The daily cost of car renting is $200.
To purchase the car, it costs $26,000, and the daily car expenses are $50.
What should the project manager do if the project lasts 52 weeks?
The car is used in a toxic environment. If it is used for 6 months it is economically salvageable. If it is used for the whole year it is economically infeasible to clean it, so the vehicle is effectively worthless.
A. Rent the car.B. Buy the car.D. Try to negotiate the rental cost.C. Rent the car for 26 weeks, buy the car, use it for 26 weeks, and then sell it for half the purchase price.