1-If the contract lasts 5 years, what is the present worth of Ferguson?

2-If the contract lasts 5 years, what is the present worth of Halgrove?

3-If the contract lasts 5 years, would you recommend Ferguson or Halgrove?

4-If the contract lasts 8 years, what is the present worth of Ferguson?

5-If the contract lasts 8 years, what is the present worth of Halgrove?

6-If the contract lasts 8 years, would you recommend Ferguson or Halgrove?

7-If the contract lasts 10 years, what is the present worth of Ferguson?

8-If the contract lasts 10 years, what is the present worth of Halgrove?

9-If the contract lasts 10 years, would you recommend Ferguson or Halgrove?

Charlie's Truck Repair and Service has a new contract that requires him to purchase and maintain new equipment for work on 18-wheeler trucks and heavy road equipment. Two separate vendors have made quotes and estimates for Charlie. Use the estimates and a 6% per year return requirement to find the better economic option. One problem is that Charlie does not currently know if the contract will last for 5,8 , or 10 years. He needs a recommendation for all three time periods. Charlie's Truck Repair and Service has a new contract that requires him to purchase and maintain new equipment for work on 18-wheeler trucks and heavy road equipment. Two separate vendors have made quotes and estimates for Charlie. Use the estimates and a 6% per year return requirement to find the better economic option. One problem is that Charlie does not currently know if the contract will last for 5,8 , or 10 years. He needs a recommendation for all three time periods