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Perform a feasibility analysis on the purchase of a new car

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Reference no: EM13693693

Answer the following question:

You have just graduated from college and are beginning your first professional job. Until now, you have been using mass transportation to get to school, but that may no longer be the   optimal choice for getting to work. You think your best option may be to buy a new car.

In 2-3 pages, perform a feasibility analysis on the purchase of a new car. Although a full feasibility analysis for an IT system will include organizational, economic, and technical components, for the   purposes of this Application, limit your analysis to the following:

Economic considerations,  including ROI, risks, cost benefits (tangible and intangible), and net present  value (NPV) for the next 5 years Organizational factors, in this instance, you  and your business needs for the car.

Conclusions you reached by doing this analysis. Is buying a new car your best option?

I am not sure how to solve the question. Can anyone help me?

Reference no: EM13693693

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