Problem 05.023 Alternative Comparison - Different Lives Compare the alternatives C and D on the basis of a present worth analysis using an interest rate of 9% per year and a study period of 10 years. Alternative D First Cost $-38,000 $ 22,000 AOC, per Year $-12,000 $-2,000 Annual Increase in Operating $-100 S-300 Cost, per Year Salvage Value $11,000 $100 Life, Years 10 5 The present worth of alternative C is $ and that of alternative D is $ (Click to select) offers the lower present worth