2. The following three investment options are available. The first cost of each

is $20,000. Based on the annual worth (AW) analysis, which option should be

picked for MARR=9% per year. Repeat using the future worth (FW) analysis.

End of Year Option #1 Option #2 Option #3

1 $8,000 $11,000 $9,500

2 $9,000 $10,000 $9,500

3 $10,000 $9,000 $9,500

4 $11,000 $8,000 $9,500

(FW $14,721.54 $15,704.73 $415,213.14)