Question: 6 The cash flows for three different alternatives are given in the table below. Life = 8 years. Use Excel to solve this problem. AB

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6 The cash flows for three different alternatives are given in the

The cash flows for three different alternatives are given in the table below. Life = 8 years. Use "Excel" to solve this problem. AB First cost $2,000 $6,000 5,000 EUAB 275 400 750 Salvage Value 750 5,000 0 1. Develop a choice table from 0-10% to choose the best alternative (20 points) 2. If the MARR is 7%, which alternative shall choose? (5 points)

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