You have to develop a Life Cycle Cost (LCC) comparison of two different investments in washing machines one is Miele WSG663 WCS 9.0kg Free-standing Washing Machine a high brand which costs 14995, Wash Capacity: 9 kg Average Washing Cycles: 183 per year (1644 kg of washing) Water Cost: 50 kr per year Energy Cost: 150 kr per year Carbon Emissions: 16.26 kgCO2 per year. The other one is LG F6V910RTSA 10.5kg Free-standing Washing Machine which cost 11000. Wash Capacity: 10.5 kg Average Washing Cycles: 157 per year (1644 kg of washing) Water Cost: 50 kr per year Energy Cost: 128 kr per year Carbon Emissions: 13.36 kgCO2 per year Now Utilizing spreadsheet software (e.g. Excel). Lite Cycle Cost (LCC) is a technique to estimate the total cost of ownership (TCO). LCC = Investment + present value of future costs associated with the investment (- the present value of residual value if applicable). Your comparison should focus on two alternative products or services fulfilling the same basic purpose. Your LCC analysis must include investment (tor both alternatives) plus (minimum) four (4) different relevant operating costs associated with the investment - distributed over a minimum of five (5) years (cost measured or estimated every year). In your spreadsheet, it must be possible to make changes to the level of investment (for both alternatives), the level of each cost for each year (both alternatives) and the calculation interest rate to get a new correct LCC comparison between the two alternative products/services. State the primary purpose of the investment. Provide a detailed motive for selecting the (specific) two alternatives. Explain why you selected the different costs (minimum 4) associated with the investment. Explain your chosen time frame (5 years or more). Explain/motivate your chosen calculation interest rate (high/low).