Two alternative pieces of municipal solid waste bailing equipment are being considered for a project with a design life of yr Alternative has a capital cost of $ zero salvage value, and a firstyear annual operating cost of $ Alternative has a capital cost of $ zero salvage value, and a firstyear annual operating cost of $ Operating costs increase annually at $ for Alternative and $ for Alternative against an inflation rate of Because of manufacturer incentives, Alternative can be financed at instead of the usual rate of applied to Alternative Which alternative offers the least cost over theprojectterm