Question: Consider the following EOY cash flows for two mutually exclusive alternatives (one must be chosen). The MARR is 6% per year. Lead Acid Lithium Ion

 Consider the following EOY cash flows for two mutually exclusive alternatives

Consider the following EOY cash flows for two mutually exclusive alternatives (one must be chosen). The MARR is 6% per year. Lead Acid Lithium Ion Capital investment $6,000 $15,000 Annual expenses $2,500 $2,500 Useful life 12 years 18 years Market value at end of useful life $0 $2,600 Click the icon to view the interest and annuity table for discrete compounding when /= 6% per year. Determine which alternative should be selected based on the PW method. Assume repeatability and use a study period of 36 years. The PW of the Lead Acid is $(Round to the nearest hundreds.) The PW of the Lithium Ion is $1(Round to the nearest hundreds.) Which alternative should be selected? Choose the correct answer below. O Lead Acid O Lithium Ion

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