These two alternatives are being considered:

A

Initial cost $9000

Uniform annual benefit 1400

Useful life in years 10

B

Initial cost $4700

Uniform annual benefit 1650

Useful life in years 5

i)Graph the EUAC for the alternatives for interest rates 1 -60% and construct a choice table.

ii)Which alternative should be selected if the MARR is 15%? Please include the calculation of the data points for the graph as well as the graph of EUAC vs Interest rates with your answer