COME Using a discoun abrdan Airlines is considerin ternative is to contract with $1.2 million. The second maintenance program. Thes has large costs to get start milion. The time horizo facilities and program will ha onsidering two alternatives for maintaining its fleet of small private jets. The first ontract with a major airline to perform the necessary maintenance for an annual cost of he second alternative is for Jordan to construct its own facilities and establish its own ogram. The second, do-it-yourself alternative will cost less each year (only $500,000), but sts to get started-management estimates that it will involve an initial investment of 59 e time horizon of the problem is 20 years because a new fleet of jets will be purchased and the doraram will have to be completely revised by that time. Which alternative has the lowest present value of costs, given a 13% discount rate? taching to him for it cacino in Atlantic City There are