Question: Given the data in the table below, choose the better alternative using Present Worth Analysis. MARR is 7% Alternative A Alternative B Initial Cost Annual

 Given the data in the table below, choose the better alternative

Given the data in the table below, choose the better alternative using Present Worth Analysis. MARR is 7% Alternative A Alternative B Initial Cost Annual Benefits Annual Expenses Salvage Value Useful Life (Years) $12,000 $5,500 $2,500 $1,000 6 $8,000 $5,200 $2,200 $1,100 4 Solve the problem using compounding factors. Show all required compounding factors (X/X, ?%, n). Round your answer to the zero decimal place. 1' Solve the problem using Excel. Take a screenshot of your excel worksheet and submit it with your solution. You do not need to upload the excel file. 2

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