Solve the following problem using the present worth analysis for an interest rate of 8%.
$$\begin{array} { | l | c | l | l | }
\hline & \text { Alt. A } & \text { Alt. B } & \text { Alt. C } \
\hline \text { Initial cost } & \$ 1,700 & \$ 2,100 & \$ 3,750 \
\hline \text { Beniefit/year } & 1,000 & 1,000 & 1,000 \
\hline \text { Life in years } & \mathbf { 2 } & 3 & 6 \
\hline
\end{array}$$

Question

Solve the following problem using the present worth analysis for an interest rate of 8%.
 $$\begin{array} { | l | c | l | l | } 
\hline & \text { Alt. A } & \text { Alt. B } & \text { Alt. C } \
\hline \text { Initial cost } & \$ 1,700 & \$ 2,100 & \$ 3,750 \
\hline \text { Beniefit/year } & 1,000 & 1,000 & 1,000 \
\hline \text { Life in years } & \mathbf { 2 } & 3 & 6 \
\hline
\end{array}$$

Quizplus · Accepted Answer

The Answer of Solve the following problem using the present worth analysis for an interest rate of 8%.
 $$\begin{array} { | l | c | l | l | } 
\hline & \text { Alt. A } & \text { Alt. B } & \text { Alt. C } \
\hline \text { Initial cost } & \$ 1,700 & \$ 2,100 & \$ 3,750 \
\hline \text { Beniefit/year } & 1,000 & 1,000 & 1,000 \
\hline \text { Life in years } & \mathbf { 2 } & 3 & 6 \
\hline
\end{array}$$

Solve the Following Problem Using the Present Worth Analysis for an Interest