Question: 2) Given the data in the table below and an interest rate of 12% per year, determine which alternative should be selected on the basis

2) Given the data in the table below and an interest rate of 12% per year, determine which alternative should be selected on the basis of an annual worth analysis. Car alternative A 7,000 100 First Cost (Original Value), $ Annual Maintinance Cost, $ per year Salvaging Value, $ Life, years Car alternative B 9,000 30 right after purchase (year 1) and increases by $5 thereafter 1,000 500 10 20

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