Question: Listed below are two solutions for a service issue. In comparing option 1 to option 2 , calculate the present worth of costs for option

Listed below are two solutions for a service issue. In comparing option 1 to option 2, calculate the present worth of costs for option 1 ove an appropriate number of years so as to properly compare it to option 2. Use a 5% interest rate.
\table[[,Option 1,Option 2],[First Cost,15,000,35,000],[Maintenance,1200 yr,900 yr],[Salvage,100,2000],[Life,3years,6 years]]
Option 1
a.18,182
b.33,888
c.36,356
d.41,057
Listed below are two solutions for a service

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