mift tab fn E Waterloo North Hydro has two options for upgrading a nuclear power station to meet new government standards Option 1: Waterloo North Hydro will make the upgrades themselves. This is expected to cost $14,600 at the end of every six months for 12 years. At the end of the operation On 12 years) Waterloo North Hydro expects to sell all equipment needed for the upgrade for $101,000 Option 2: Pay experienced contractors. This will cost $38,000 up front and $13,100 semi-annually for 10 years Assume all interest is 2.98% compounded semi-annually Round the answers to NPV (Option 1), and NPV (Option 2) to the nearest dollar. Round all other answers to two decimal places where applicable caps lock 1) Find the net present value of option t PY = C/Y = N. NY= PV = DEC 1. A 1 1 Q >> A Payments (Cest) NO 2 T N W S 43 X E 54 D Sale of equipment Residual) Q Search or antar website name R % 5 LL F T MacBook Pro C V A 6 Y & 7 G H B U tab ft fn PV = PMT= FV = (If the NPV is negative, enter it as a negative number. NPV (Option 1) 2) Find the net present value of option 2: PY C/Y N NY caps lock PV PMT FV esc 1. A 1 1 lock N VY PV PMT FV esc (If the NPV is negative, enter it as a negative number. If the NPV is zero, enter 0.) NPV (Option 2) S (round to the nearest whole number) 3) Which option should Waterloo North Hydro choose? Option 1 Option 2 Either option could be chosen Submit Question ! 1 Q A @ 2 W S 43 E S 4 Q Search or enter website name D R % 5 the hunter.co F MacBook Pro T A 6 G Y LA 7