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Be neat and show all work!! Question 1 Two numerically controlled drill presses are being considered by the production department of Zunni's Manufacturing; one must

Be neat and show all work!!

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Question 1 Two numerically controlled drill presses are being considered by the production department of Zunni's Manufacturing; one must be selected. Comparison data is shown in the table below. MARR is 10 %/year Drill Press T Drill Press M Initial Investment Estimated Life Estimated Salvage Value Annual Operating Cost Annual Maintenance Cost $20,000 10 years $5,000 $12,000 $2,000 $30,000 10 years $7,000 $6,000 $4,000 Clickhere to access the TVM Factor Table Calculator x Your answer is incorrect. Try again What is the present worth of each drill press? 104096.22 Drill Press T: $ Drill Press M: $ Carry all interim calculations to 5 decimal places and then round your final answers to the nearest dollar. 88746.87 The tolerance is 20

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