An oil refinery finds that it is necessary to treat the waste liquids from a new process before discharging them into a stream. The treatment will cost $20,000 the first year, but process improvements will allow the costs to decline by $2,000 each year. As an alternative, an outside company will process the wastes for the fixed price of $10,000/year throughout the 10 year period, payable at the beginning of each year. Either way, there is no need to treat the wastes after 10 years. Use the annual worth method to determine how the wastes should be processed. The company's MARR is 13% Discrete Compounding: 139 Uniform Series Single Payment Compound Amount Factor To Find Given N 1 2 3 4 5 Compound Amount Factor To Find Given P FP 1.1300 1.2700 1.4429 1.6305 1.8424 2.0820 2 3520 2.0584 3 0040 3.3040 3.8350 4.3345 4.8080 56348 0.2543 7.0873 7.0981 0243 10.1074 11 5231 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Present Worth Factor To Find P Given F BE 0.8850 0.7831 0.6931 0.6133 0.5428 0.4803 0.4251 0.3702 0.3320 0.2940 0.2007 0.2307 0.2042 0.1807 0.1509 0.1415 0.1252 0.1108 0.0981 0.0888 1.0000 2.1300 3.4000 4.8498 0.4803 83227 10.4047 12.7573 15.4157 18.4107 21.8143 25.0502 20.0847 34.8827 40.4175 46.8717 53.7301 61.7251 70.7404 30.0408 Present Worth Factor To Find Given A PA 0.8850 1.8881 2 3812 2.0745 3.5172 3.9975 4.4228 4.7988 5.1317 3.4202 5.8800 5.0178 8.1218 0.3025 0.4624 6.6030 0.7201 8.8300 0.0380 7.0248 Sinking Fund Factor To Find A Giren F AF 1.0000 0.4895 0.2035 0.2002 0.1543 0.1202 0.0001 0.0784 0.0040 0.0543 0.0458 0.0300 0.0334 0.0287 0.0247 0.0214 0.0188 0.0102 0.0141 0.0124 Uniform Gradient Gradient Gradient Uniform Present Series Worth Factor Factor To Find p To Find Given G Given G PIG ANG 0.0000 0.0000 0.7831 0.4095 2. 1092 0.0187 4.0092 1.3470 0.1802 1.7571 8.5818 2.1408 11.1322 2.5171 13.7853 2.8085 16.4284 3.2014 10.0707 3.5182 21.6807 3.8134 24 2244 4,0830 20.0744 4.3573 20.0232 4.8050 31. 2017 4.8375 33 3841 5.0552 35.3870 5.2580 37 2714 5.4401 30.0300 5.0205 40.8854 5.7017 Capital Recovery Factor To Find a Given P AP 1.1300 0.5995 0.4235 0.3302 0.2843 0.2502 0.2201 0.2084 0.1949 0.1843 0.1758 0.1090 0.1634 0.1587 0.1547 0.1514 0.1480 0.1402 0.1441 0.1424 Print Dona The AW of the in-house treatment is $ (Round to the nearest dollar.) The AW of the outside treatment is $ (Round to the nearest dollar.) The processing is the most economical alternative. outside in-house