PROBLEM 8 - Part 1 Wile E. Coyote is considering two projects as shown in the table below. The projects will enhance his RR catching technology. Using Net Present Worth analysis and assuming a MARR of 4.50%, which project should Wile E. Coyote choose? Non-polymer elastic bands for slingshots Hybrid Rocket Engines Initial Cost $180,000.00 $280,000.00 Uniform Annual Benefit $67.350.00 $49,500.00 Useful Life (in years) 3 7 Computed ROR 6.01% 5.63% Instructions: Draw cash flow diagrams for each alternative on a piece of paper, from Mr. Coyote's perspective, and select the option that represents the equation for Non-polymer elastic bands for slingshots. PROBLEM 8 - Part 1 Wile E. Coyote is considering two projects as shown in the table below. The projects will enhance his RR catching technology. Using Net Present Worth analysis and assuming a MARR of 4.50%, which project should Wile E. Coyote choose? Non-polymer elastic bands for slingshots Hybrid Rocket Engines Initial Cost $180,000.00 $280,000.00 Uniform Annual Benefit $67.350.00 $49,500.00 Useful Life (in years) 3 7 Computed ROR 6.01% 5.63% Instructions: Draw cash flow diagrams for each alternative on a piece of paper, from Mr. Coyote's perspective, and select the option that represents the equation for Non-polymer elastic bands for slingshots