A businessman is offered by a two different engineering company with two different products (Product X and product Y). The product X offered by the first (1st) company will cost the businessman an investment of $135,500.00. The product will be having a market sale of $156,350.00 however, the expenses that will be needed in every year is $72,225.00. With that, it will have a salvage value of $76,510.00 by the end of 8 years. The second(2nd) company offers the businessman of lower than the investment needed in the first company which is only $110,350.00 for the product Y. It is said that this product will give a market value of $120,050.00. And after the expenses annually, that cost, $50,000.00, the salvage value resulted to be $69,695.00 by the end of 8 years. Both company has a MARR of 14%. Which engineering company product should the businessman offer his money? Solve using all of the following method: PW, FW, AW, IRR, ERR, Payback Period Method, Benefit-Cost Ratio Method A businessman is offered by a two different engineering company with two different products (Product X and product Y). The product X offered by the first (1st) company will cost the businessman an investment of $135,500.00. The product will be having a market sale of $156,350.00 however, the expenses that will be needed in every year is $72,225.00. With that, it will have a salvage value of $76,510.00 by the end of 8 years. The second(2nd) company offers the businessman of lower than the investment needed in the first company which is only $110,350.00 for the product Y. It is said that this product will give a market value of $120,050.00. And after the expenses annually, that cost, $50,000.00, the salvage value resulted to be $69,695.00 by the end of 8 years. Both company has a MARR of 14%. Which engineering company product should the businessman offer his money? Solve using all of the following method: PW, FW, AW, IRR, ERR, Payback Period Method, Benefit-Cost Ratio Method