Help Save & E You and your partner have become very interested in cross-country motorcycle racing and wish to purchase entry level equipment. You have identified two alternative sets of equipment and gear Package K has a first cost of $120,000, an operating cost of $6,500 per quarter, and a salvage value of $50,000 after its 2-year life. Package Lhas a first cost of $190,000 with a lower operating cost of $3,700 per quarter and an estimated $27,000 salvage value after its 4-year life. Which package offers the lower present worth analysis at an interest rate of 12% per year, compounded quarterly? The present worth of package K is $ and that of package Lis $ 0 Click to select offers the lower present worth. Saved Help Save A remotely located air sampling station can be powered by solar cells or by running an electric line to the site and using conventional power. Solar cells will cost $7,000 to install and will have a useful life of 4 years with no salvage value. Annual costs for inspection, cleaning, etc. are expected to be $1,600. A new power line will cost $14,000 to install, with power costs expected to be $1,300 per year. Since the air sampling project will end in 4 years, the salvage value of the line is considered to be zero. At an interest rate of 8% per year, which alternative should be selected on the basis of a future worth analysis? The future worth of solar cells is $ and that of electric line is $ . Click to select should be selected on the basis of a future worth analysis