Question: (2) Given the data in the table below, choose the better alternative using Present Worth Analysis MARR is 7%. Alternative A Alternative B Initial Cost

 (2) Given the data in the table below, choose the better

(2) Given the data in the table below, choose the better alternative using Present Worth Analysis MARR is 7%. Alternative A Alternative B Initial Cost Annual Benefits Annual Expenses Salvage Value Useful Life (Years) $12,000 $5,500 $2,500 $1,000 $8,000 $5,200 $2,200 $1,100 4 a) Solve the problem using compounding factors. Show all required compounding factors (X/X, i%, n) Round the answer to zero decimal place. b) Solve the problem using Excel. Take a screenshot of your excel worksheet and submit it with your solution. Do not upload the excel file

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