Consider the following EOY cash flows for two mutually exclusive alternatives (one must be chosen). The MARR is 4% per year. Lead Acid Lithium lon Capital investment Annual expenses $7,000 $2,750 12 years $0 $15,000 $2,400 18 years $3,000 Useful life Market value at end of useful life Click the icon to view the interest and annuity table for discrete compounding when i= 4% per year. The AW of the Lithium lon is $ -3468 . (Round to the nearest dollar.) Which alternative should be selected? Choose the correct answer below. Lead Acid Lithium lon b. Determine which alternative should be selected if the analysis period is 18 years, the repeatability assumption does not apply, and a battery system can be leased for $8,000 per year after the useful life of either battery is over. The PW of the Lead Acid is $ (Round to the nearest hundreds.) Enter your answer in the answer box and then click Check Answer Discrete Compounding; i= 4% Single Payment Uniform Series Compound Sinking Fund Capital Recovery Compound Amount Present Present Amount Factor Worth Factor Factor Worth Factor Factor Factor To Find F To Find P To Find P To Find A To Find A To Find F Given A Given P Given F Given A Given F Given P A/F F/P P/F P/A A/P F/A 0.9615 1 1.0400 0.9615 1.0000 1.0000 1.0400 0.4902 2 1.0816 0.9246 2.0400 1.8861 0.5302 2.7751 3 1.1249 0.8890 3.1216 0.3203 0.3603 4 1.1699 0.8548 4.2465 3.6299 0.2355 0.2755 4.4518 0.1846 5 1.2167 0.8219 5.4163 0.2246 O 100o