(A) Future Worth technique - FW A LEASE option requires an initial cost of $10K and annual benefit of $5K for TWO years. The BUY option requires an initial cost of $20K and annual benefits of $7K for FOUR years. Which alternative should be selected based on FW technique using an i = 10%? (Hint: Unequal lives, need 'cut-n-paste'. See lecturesotes) a. Draw the Cash Flow DIAGRAM for the two alternatives, LEASE and BUY option. b. Write down the relevant equations and calculations. C. Create the summary table d. State selection criteria e. Make the decision (B) Uniform Annual technique - UA Two alternatives, X and Y are available to invest in a business. If you invest in X, initial cost is $50K with annual benefits of $5K per year and end of project salvage value of $60K. If you invest in Y, initial cost is $35K with annual benefits of $3K per year and end of project salvage value of $50K. Project life for both alternatives is 5 years and use an i = 10%. Which alternative should be selected based on UA technique? a. Draw the Cash Flow DIAGRAM for the two alternatives. b. Write down the relevant equations and calculations. c. Create the summary table d. State selection criteria e. Make the decision