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(10 pts) Use the table below to determine the best equipment option using the NPW method. The following costs are associated with three different equipment

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(10 pts) Use the table below to determine the best equipment option using the NPW method. The following costs are associated with three different equipment choices that are under consideration for use in a manufacturing facility. The interest rate is 12%. Initial Cost Annual Maintenance Cost$10,000 $12,000 $7,000 Salvage Value Useful Life (yrs) $80,000$95,000 $115,000 $25,000 $45.000 S49,000 12 24

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