*quantative methods

that's all i have

Question 4 (6 points) Northwest Digital makes various types of transmitters used in marine and military applications. They are considering replacing a CNC drilling machine that drills precision holes in circuit boards. The Busan CNC press costs $110,000, requires quarterly maintenance costing $9,400 and has a resale value of $65,000 after 9 years. The Stuttgart CNC press costs $185,000 also requires quarterly maintenance costing $7,300 and has a resale value of $85,000 after 9 years. Northwest wants to buy the machine with lowest NPV over the next 9 years and uses a rate of 16.5% APR to evaluate projects. What is the net present value (NPV) of costs associated to Busan CNC press in present dollars? What is the net present value (NPV) of costs associated to Stuttgart CNC press in present dollars? Which machine is a better choice? >