Question: Solve without using Excel , X = 12345, and show all equations used Q2- [20 marks] Let X be the least five significant digits in
Solve without using Excel , X = 12345, and show all equations used

Q2- [20 marks] Let X be the least five significant digits in your student ID. For example, if your student ID is S00012345, then X = 12345. Use the value of X obtained based on your student ID in the problem below. Consider the two mutually exclusive alternatives below. Determine which alternative is preferable at an interest rate of 11% per year. Use the repeatability assumption with PW method. Alternative Capital investment Annual expense Annual revenue Salvage value Life, years M $400,000 $189,000 $309,000 $1.5X N $4000 $94,500 $194,500 $X 15 10
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