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5.44 184 CHAPTER 5: PRESENT Wol to 5-44 An engineer has received two bids for an elevator be installed in a new building. Given a

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184 CHAPTER 5: PRESENT Wol to 5-44 An engineer has received two bids for an elevator be installed in a new building. Given a 10% interest rate, which should be accepted? Itis Westinghome Alternatives $54,000 $45,000 Installed cost 2850 2700 Annual cost 4500 3000 Salvage value 15 10 Life, in years logo its precent

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