Check my work Problem 09.021 - Replacement decision Concurris Prototyping is committed to using the newest and finest equipment in its labs. Accordingly, Wilma, a senior engineer, has recommended that a 2-year-old piece of precision measurement equipment be replaced immediately. She believes it can be demonstrated that the proposed equipment is economically advantageous at a 15%-per year return and a planning horizon of 5 years. Perform the replacement analysis using the annual worth method, a 5-year study period, and the estimates below. Was Wilma correct? Equipment Current Proposed Original purchase price, $ -30,000 -39,000 Current market value, $ 15,000 Remaining life, years 5 15 Estimated value in 5 years, $ 7,000 10,000 Salvage value after 15 years, $ 5,000 AOC, $ per year -10,000 -3,000 The AW of the defender is $- and the AW of the challenger is $- Wilma (Click to select) correct. Prey 4 of 4 HII Next Check my work Problem 09.021 - Replacement decision Concurris Prototyping is committed to using the newest and finest equipment in its labs. Accordingly, Wilma, a senior engineer, has recommended that a 2-year-old piece of precision measurement equipment be replaced immediately. She believes it can be demonstrated that the proposed equipment is economically advantageous at a 15%-per year return and a planning horizon of 5 years. Perform the replacement analysis using the annual worth method, a 5-year study period, and the estimates below. Was Wilma correct? Equipment Current Proposed Original purchase price, $ -30,000 -39,000 Current market value, $ 15,000 Remaining life, years 5 15 Estimated value in 5 years, $ 7,000 10,000 Salvage value after 15 years, $ 5,000 AOC, $ per year -10,000 -3,000 The AW of the defender is $- and the AW of the challenger is $- Wilma (Click to select) correct. Prey 4 of 4 HII Next