Question: No excel and please write clearly. Thank you. 7. Determine the better of the two alternatives using the present worth analysis. Use an interest rate

No excel and please write clearly. Thank you.
7. Determine the better of the two alternatives using the present worth analysis. Use an interest rate of 10%. Alt. X Alt.Y Initial cost $12,500 $8,900 Annual benefit $6,800 $2,000 Salvage value $5,000 $8,900 Life in years 3 Years MARR 10% 2 years 7. Determine the better of the two alternatives using the present worth analysis. Use an interest rate of 10%. Alt. X Alt.Y Initial cost $12,500 $8,900 Annual benefit $6,800 $2,000 Salvage value $5,000 $8,900 Life in years 3 Years MARR 10% 2 years
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