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7 Two soil testing machines are being evaluated by a geotechnical engineer to determine which machine his company should purchase. The data for the testing

7 Two soil testing machines are being evaluated by a geotechnical engineer to determine which machine his company should purchase. The data for the testing machines are listed in Table 9.19. Using net present worth analysis, determine the incremental rate of return and compare it to the company MARR of 10% to determine which machine should be purchased by the company.
TABLE 9.19
Data for Soil Testing Machine Alternatives
\table[[Costs or Disbursements,Soil Testing Machine 1,Soil Testing Machine 2],[Initial cost,$20,000.00,$4,000.00
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