I NEED A FULL STEP BY STEP PROCESS TO COMPLETION USING THE FORMULAS FROM "equivalent annual annuity chapter"

6) Bad Company has to pick between two different machines that perform the same function, but have different lifespans. Machine A costs $20,000 and has a three-year life with doperating costs of $5,000 a year. Machine B costs $15,000 and has a two-year life and operating costs of $7,000 a year. The opportunity cost of capital is 10%. Egoing annoy connuity a) What is the present value of the collective costs of Machine A? b) What is the present value of the collective costs of Machine B? c) What is the Equivalent Annual Annuity of Machine A? d) What is the Equivalent Annual Annuity of Machine B? e) Which machine should you pick