Question: Answer all parts with full steps and as per the method mentioned to get 100% feedback!! NO EXCEL USE ONLY HANDWRITTEN FORMULAS. Determine the most

Answer all parts with full steps and as per the method mentioned to get 100% feedback!! NO EXCEL USE ONLY HANDWRITTEN FORMULAS.

Determine the most economical alternative using equivalent uniform annual worth for an interest rate of 15% per year.

Year Cash flow A Cash flow B
First Cost $145500 $220000
Annual O&M Cost $5000 $2000
Overhaul Cost in Year 10 $9000 -
Overhaul Cost in Year 15 - $12000
Salvage Value $25000 $20000
Life in Years 20 30

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