Question: please calculate net present value for both Option 1 and 2 and show formula pls Current Attempt in Progress Gary King is evaluating two new

please calculate net present value for both Option 1 and 2 and show formula pls

Current Attempt in Progress Gary King is evaluating two new business opportunities. Each of the opportunities shown below has a 15-year life. Gary uses a 12% discount rate. Option 1 Option 2 Equipment purchase and installation $71,300 $82,260 Annual cash flow $28,200 $30,690 Equipment overhaul in year 6 $4,590 Equipment overhaul in year 8 $5,970 Click here to view the factor table (a) Calculate the net present value of the two opportunities. (Round present value factor calculations to 4 decimal places, e.g. 1.2514 and the final answers to 0 decimal places, e.g. 59,991.) Option 1 Option 2 Net present value $ e Textbook and Media Save for Later Attamente

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