Engineering econ

You have been asked to evaluate two alternatives, X and Y, that may increase plant capacity for manufacturing highpressure hydraulic hoses. The parameters associated with each alternative have been estimated. Which one should be selected on the basis of a present worth comparison at an interest rate of 11% per year? Why is yours the correct choice? Alternative X Y First Cost $35,000 $90,000 Maintenance cost, per Year $45000 $2000 Salvage Value | $4,500 | $5.500 Life 5 years 5 years The present worth of alternative X is $ and that of alternative Y is $ Alternative (Click to seled] v is selected by the company