Instructions:

This assignment contains $2$ questions. Answer all $2$ questions.

This assignment is to be attempted and submitted individually.

Each assignment solution should be prepared using a professional word processor, i$.$e$.,$ text needs to be typed $($not written by hand or using a stylus$).$ Other software packages can also be utilized especially for documenting mathematical equations $($e$.$g$.,$ Math Type$)$

Wherever you are required to automate the solution using a stipulated approach, e$.$g$.,$ computer language $($Matlab$,$ or Python$),$ please do so to earn the allocated grade.

Each assignment solution should have a cover page indicating student credentials, the subject, the instructor, the University Program$/$Course details, assignment details, etc.

The softcopy of the PDF submitted should adhere to the following naming convention such that it is tracked and graded. File Name should be in this format: firstname$\_$lastname$\_$studentnumber.pdf

QUESTION ONE $[25$ MARKS$]$

Three mutually exclusive alternatives are being considered for the production equipment at a tissue paper factory. The estimated cash flows for each alternative are given below. The effective interest rate and Minimum Attractive Rate of Return $[$MARR$]$ are $6\%$ per year, and $20\%$ per year respectively.

$\backslash$table$[[$Parameter$,$Equipment A$,$Equipment B$,$Equipment C$],[$Capital Investment,$$2,000,$$$4,200,$$$7,000$