You won the largest prize lottery has every offered. You want to buy a 20 Tesla as gift for yourself after winning. As an engineer you want to decide which model to buy after computing for the annual...

Extracted text: You won the largest prize lottery has every offered. You want to buy a 20 Tesla as gift for yourself after winning. As an engineer you want to decide which model to buy after computing for the annual worth of each model. Tesla Model X will have a first cost of $90,000, an operating cost of $4000, and a resell value of $15,000 after 5 years. Tesla Model S will have a first cost of $80,000, an annual operating cost of $310O, resale value of $15,000 but after 4 years. As there is a high demand for the Tesla model X, you can resell the vehicle 30% higher than the estimated resell value. At an MARR of 15 % per year, which model should you buy?