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Consider the following EOY cash flows for two mutually exclusive alternatives (one must be chosen). The MARR is 4% per year. Capital investment Annual expenses

Consider the following EOY cash flows for two mutually exclusive alternatives (one must be chosen). The MARR is 4% per year. Capital investment Annual expenses Useful life Lead Acid $5,000 Lithium lon $14,000 $2,400 $2,750 12 years 18 years Market value at end of useful life $0 $2,600 Click the icon to view the interest and annuity table for discrete compounding when i = 4% per year. Determine which alternative should be selected based on the PW method. Assume repeatability and use a study period of 36 years. The PW of the Lead Acid is $ - 72734.32. (Round to the nearest hundreds.) The PW of the Lithium Ion is $ - 206329. (Round to the nearest hundreds.) Which alternative should be selected? Choose the correct answer below. Lithium lon Lead Acid

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