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A company is considering two trucks. Truck 1 costs $32,000... Need help with the second question in the picture given. Please help!! SHOW ALL WORK

A company is considering two trucks. Truck 1 costs $32,000...

Need help with the second question in the picture given. Please help!!

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SHOW ALL WORK (Read the questions carefully so that you answer what is asked, everything that is asked, and you include the correct and all associated pertinent information) 1) Al Silva just purchased his home for $280,000 with a 10% loan to be repaid with 25 equal end-of-year payments. After making 10 payments, he found that he could refinance the balance due on his loan at 9% for the remaining 15 years. To refinance, Al must pay the original lender the balance due on the loan, plus a 2% penalty on that balance. He also has to pay $1,000 in service charges to the new lender. The new loan will be equal to everything that he has to pay (balance of old loan, penalty and service charges). Should he refinance, assuming that he will stay in the house for the next 15 years? 2) A company is considering two trucks. Truck 1 costs $32,000, has operating costs of $5,500 per year and a salvage value of $7,000 after 3 years. Truck 2 costs $37,000, has operating costs of $5,200 per year and a salvage value of $12,000 after 4 years. Use annual cash flow analysis and i=12% to determine which truck should be bought. 3) Ifthe MARR is 7%, which of the following alternatives should be selected? Year 0 -$20,000 $28,000 11,000 8,000 11,000 8,000 11,000 8,000 2 3 4) Each of the following alternatives has a 10-year life and no salvage value $6,000 980 $2,000 350 $3,000 Initial Cost Uniform annual benefits410 a) Construct a choice table for interest rates from 0% to 100%. b) If the MARR is 8%, which equipment should be chosen

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