Please show clear and detailed solution Solve using the attached formulas Summary of Discrete Compounding Formulas with Discrete Payments Flow Type Factor Notation Excel Command Cash Flow Diagram Formula F = P(1 + i) = FV(i, N, P.,0) S 1 N G L E Compound amount (F/P, 1, N) Present worth (P/F, 1, 1) Compound amount (F/A, i, N) . P = F(1 + 7 = PV(i, N. F..0) E (1 + i) - WOD - ---(+1-4 = PV(i, N, A..0) A Sinking fund (A/F, 1, N) A 1 = a +iW-1] = PMT(i, N, P, F.0) =1 A 01 2 3 N- Zm3 AAA AA M E N Present worth (P/A,1,N) P= [(1 + i)N- (1 + i)" S E = PV(i. N, A..0) AAA AA 14. 1 2 3 N-IN Capital recovery (A/P, i, N) A-ray i(1 + i) = - - PMT, N.P) G Linear gradient (N-2) - [14 29.11 - OYA-ZE-wan Present worth (P/G, i, N) Conversion factor (A/G, i, N) Geometric gradient |(1 + i)" - iN - PEG 2(1 + i)" N-in-1 A = G (1 + i) - LG 1 2 3 N-IN P A1(1+8)N-1 P 11- (1 + 8) (1 + i)-N Ail 1-8 N A (if i = g) 4,4,4, Present worth (PIA,8,1,N) HT 1 2 3 P N Question 4 For process D, find the break-even interest rate using Trial-and-Error method? Question 5 For Process B and C, plot the present-worth curve for each project on the same chart and answer the following: (a) Find the interest rate that makes Process B and C equivalent. (b) If Process B and Process C are mutually exclusive investment projects, which project is more economically desirable at the MARR of 10%? About the case: ABC company uses a minimum attractive rate of return of 10% per year and is evaluating new processes to improve operational efficiency. The estimates associated with candidate processes are shown. Process A Process B Process C Process D First Cost, SR -25,000 -50,000 -90,000 -20,000 Annual Cost, SR per year -17,000 -10,000 -11,000 -5,000 Expected Revenue, SR per year 15,000 28,000 44,000 7,000 Salvage value, SR 20,000 0 3,590 18,000 Life, year's 2 4 4 4 Please show clear and detailed solution Solve using the attached formulas Summary of Discrete Compounding Formulas with Discrete Payments Flow Type Factor Notation Excel Command Cash Flow Diagram Formula F = P(1 + i) = FV(i, N, P.,0) S 1 N G L E Compound amount (F/P, 1, N) Present worth (P/F, 1, 1) Compound amount (F/A, i, N) . P = F(1 + 7 = PV(i, N. F..0) E (1 + i) - WOD - ---(+1-4 = PV(i, N, A..0) A Sinking fund (A/F, 1, N) A 1 = a +iW-1] = PMT(i, N, P, F.0) =1 A 01 2 3 N- Zm3 AAA AA M E N Present worth (P/A,1,N) P= [(1 + i)N- (1 + i)" S E = PV(i. N, A..0) AAA AA 14. 1 2 3 N-IN Capital recovery (A/P, i, N) A-ray i(1 + i) = - - PMT, N.P) G Linear gradient (N-2) - [14 29.11 - OYA-ZE-wan Present worth (P/G, i, N) Conversion factor (A/G, i, N) Geometric gradient |(1 + i)" - iN - PEG 2(1 + i)" N-in-1 A = G (1 + i) - LG 1 2 3 N-IN P A1(1+8)N-1 P 11- (1 + 8) (1 + i)-N Ail 1-8 N A (if i = g) 4,4,4, Present worth (PIA,8,1,N) HT 1 2 3 P N Question 4 For process D, find the break-even interest rate using Trial-and-Error method? Question 5 For Process B and C, plot the present-worth curve for each project on the same chart and answer the following: (a) Find the interest rate that makes Process B and C equivalent. (b) If Process B and Process C are mutually exclusive investment projects, which project is more economically desirable at the MARR of 10%? About the case: ABC company uses a minimum attractive rate of return of 10% per year and is evaluating new processes to improve operational efficiency. The estimates associated with candidate processes are shown. Process A Process B Process C Process D First Cost, SR -25,000 -50,000 -90,000 -20,000 Annual Cost, SR per year -17,000 -10,000 -11,000 -5,000 Expected Revenue, SR per year 15,000 28,000 44,000 7,000 Salvage value, SR 20,000 0 3,590 18,000 Life, year's 2 4 4 4