An engineer has two bids for an elevator to be installed in a new building. The details of the bids for the elevators are shown below. Determine which bid should be accepted, based on the Present Worth Method of comparison, assuming a 15% interest rate, compounded annually. [10 marks] Question 2 There are two proposals for investment, Proposal A and Proposal B. The cashflows for the proposals are presented below Compare the Present Worth of Proposal A with that of Proposal B at i=18%. Which proposal should be selected? [10 marks] Question 3 A person who is now 35 years old is planning for his retired life. He plans to invest an equal sum of BWP 10,000 at the end of every year for the next 30 years starting at the end of neyt vear The hank nffere a 15% interect rate enmnn inded annially Find the An engineer has two bids for an elevator to be installed in a new building. The details of the bids for the elevators are shown below. Determine which bid should be accepted, based on the Present Worth Method of comparison, assuming a 15% interest rate, compounded annually. [10 marks] Question 2 There are two proposals for investment, Proposal A and Proposal B. The cashflows for the proposals are presented below Compare the Present Worth of Proposal A with that of Proposal B at i=18%. Which proposal should be selected? [10 marks] Question 3 A person who is now 35 years old is planning for his retired life. He plans to invest an equal sum of BWP 10,000 at the end of every year for the next 30 years starting at the end of neyt vear The hank nffere a 15% interect rate enmnn inded annially Find the