QUESTION $6$

Listed below are two solutions for a service issue. Using an appropriate number of years, calculate the present worth of costs for option $2$ so you can compare it to option $1.$ Use a $5\%$ interest rate.

$\backslash$table$[[,$Option $1,$Option $2],[$First Cost,$15,000,35,000],[$Maintenance$,1200$ yr$,900$ yr$],[$Salvage$,100,2000],[$Life$,3$ years,$6$ years$]]$

Option $1$

a$.27,550$

b$.32,075$

c$.38,076$

d$.41,057$