Determine which option, if any, should be chosen based on net present worth using a 8% interest rate. Use Repeatability Method.

a. The Net Present Worth of Alternative A is = $ Blank 1

b. The Net Present Worth of Alternative B is = $ Blank 2

c. Choose Alternative (Type only A or B) = Blank 3

Note: Show final answer in two decimal places and show complete solution

Alternative A B First Cost (Investment Cost) $ 5,000 $10,200 Uniform Annual Benefit $ 1,100 $2,300 Useful Life 5 years 10 years