Rita is considering purchasing a new or used car.Based on her value of transportation,expected maintenance costs,auto loan payments,and insurance rates of each car she has derived the table below.If she buys the new car,the loan rate is 6%.If she buys a used car,the loan rate will be 11%.Given this information,which car provides the highest net present value? 
Definitions:
Inventory Cost
The total cost associated with holding and managing inventory, including storage, insurance, and obsolescence.
Building
A structure with a roof and walls, such as a house or factory, used for living, working, storage, or other purposes.
Scarce Resources
Resources that are limited in availability and cannot satisfy all wants and needs due to their limited supply.
Economics
The social science that studies how individuals, governments, firms, and nations make choices on allocating scarce resources to satisfy their unlimited wants.
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