What is the value-cost closest to the annual worth

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Reference no: EM13815136

One tractor to be considered is an International Harvestor. It has an initial cost of $38,000 and an annual maintenance of 100 with a salvage value of $17,000. It's useful life in years is 25. What is the value/cost closest to the annual worth of the International Harvestor tractor using an interest rate of 10%?

A) -$4,113

B) -$4,460

C) -$4,260

D) -$4,290

E) -$3,913

Reference no: EM13815136

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