Question: pls show work 2. (30 points) Consider an infinite use of generator for your log cabin and two choices are available: Gennie and Coleman. Gennie
pls show work
2. (30 points) Consider an infinite use of generator for your log cabin and two choices are available: Gennie and Coleman. Gennie has an expected life of 3 years, it costs $2,000, and saves you $800 annually (over batteries that you use). Coleman has an expected life of 6 years, it costs $2,800, and saves you $1,000 annually. The Coleman also requires a mid life (year 3) overhaul that costs $2,000. Use the Rate Of Return (ROR) criteria to decide the better option at MARR = 10%.
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