Question: please solve using Excel and show all equations used. thank you 1. An individual owns a corner lot. This person must decide which of two

please solve using Excel and show all equations used. thank you

1. An individual owns a corner lot. This person must decide which of two alternatives to select in trying to obtain a desirable return on investment. After much study, the two alternatives are: Build a Build a gas soft-serve station. ice cream stand. $80,000 $120,000 $3,000 $5,000 First cost Annual property taxes Annual income Salvage Value $11,000 $16,000 -0- -0- If the owner wants a minimum attractive rate on their investment of 6%, which of the two alternatives would you recommend

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