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 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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