Question: solve it in details please for better understanding If the interest rate is 8% per year, what decision would you make based on the decision

solve it in details please for better understanding

If the interest rate is 8% per year, what decision would you make based on the decision tree diagram in the figure below? O Click the icon to view the decision tree diagram. Click the icon to view the interest and annuity table for discrete compounding when the MARR is 8% per year. Calculate the PW value for the New Product New thousand (Round to one decimal place. Based on the PW values, should be recommended.

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