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Consider the following mutually exclusive alternatives: Alternative A Alternative B Capital investment Net annual receipts $567,900 $115,700 $1,301,000 $253,900 Both alternatives have a useful life

Consider the following mutually exclusive alternatives:

Alternative A

Alternative B

Capital investment

Net annual receipts

$567,900

$115,700

$1,301,000

$253,900

Both alternatives have a useful life of 18 years and no market value at that time. The MARR is 18 % per year. Determine the annual worth (AW) of the most profitable course of action.

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