Question: I need help immediately please. Before 10 pm tonight. A firm is must choose to buy the GSU-3300 or the UGA-3000. Both machines make the

I need help immediately please. Before 10 pm tonight.

A firm is must choose to buy the GSU-3300 or the UGA-3000. Both machines make the firms production process more efficient which in turn increases incremental cash flows. The GSU-3300 produces incremental cash flows of $24,511.00 per year for 8 years and costs $99,346.00. The UGA-3000 produces incremental cash flows of $29,716.00 per year for 9 years and cost $125,371.00. The firms WACC is 9.58%. What is the equivalent annual annuity of the GSU-3300? Assume that there are no taxes.

Submit Answer format: Currency: Round to: 2 decimal places.

Please show all steps in a simple format and how to enter into a financial calculator. I am a beginner.

Also ensure that the answer is correct, my previous answer was wrong. Thanks.

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