Question: Listed below are two solutions for a service issue. Work out the costs for option 2. Use a 8 % interest rate Option 1

Listed below are two solutions for a service issue. Work out the

Listed below are two solutions for a service issue. Work out the costs for option 2. Use a 8 % interest rate Option 1 Option 2 First Cost 15,000 35,000 Maintenance 1200 yr 900yr Salvage 100 2000 Life 2 years 6 years O 32,080 O 37,900 O 41,980 O 44,750

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