An existing robot can be kept if $2 comma 000 is spent now to upgrade it for future service requirements. Alternatively, the company can purchase a new robot to replace the old robot. The following estimates have been developed for both the defender and the challenger. The company's before-tax MARR is 18% per year. Based on this information, should the existing robot be replaced right now? Assume the robot will be needed for an indefinite period of time.

Find the AW of the defender

Find the AW of the challenger

Please show formulas, Please and Thank you

An existing robot can be kept if $2,000 is spent now to upgrade it for future service requirements. Alternatively, the company can purchase a new robot to replace the old robot. The following estimates have been developed for both the defender and the challenger. The company's before-tax MARR is 18% per year. Based on this information, should the existing robot be replaced right now? Assume the robot will be needed for an indefinite period of time Defender Current MV Required upgrade Annual expenses Remaining useful life MV at end of useful life $37,000 $2,000 $1,200 years - $1,600 Challenger Purchase price Installation cost Annual expenses $53,000 $5,300 $900 10 years $6,500 MV at end of useful life Click the icon to view the interest and annuity table for discrete compounding when the MARR is 18% per The AW value of the defender is S -12,520. (Round to the nearest dollar.) The AW value of the challenger is S 13,596. (Round to the nearest dollar.) The existing robot should not be replaced right now More Info Discrete Compounding: 18% Single Payment Uniform Series Capital Recovery Factor To Find A Given P A/P Compound Amount Compound Amount Factor To FindF Given A Present Present Worth Factor To Find P Given A P/A 0.8475 1.5656 Factor Worth Factor Factor To Find A Given F A/F 1.0000 0.4587 0.2799 To FindF Given P To FindP Given F 1.1800 1.3924 1.6430 1.9388 2.2878 2.6996 3.1855 3.7589 4.4355 5.2338 0.8475 0.7182 0.6086 0.5158 0.4371 0.3704 0.3139 0.2660 0.2255 0.1911 1.0000 2.1800 3.5724 5.2154 7.1542 9.4420 12.1415 15.3270 19.0859 23.5213 1.1800 0.6387 0.4599 0.3717 0.3198 0.2859 2.6901 0.1398 0.1059 0.0824 0.0652 0.0524 0.0425 6 3.4976 4.0776 4.3030 4.4941 0.2624 0.2452 0.2324 0.2225