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cost of defender 5 years ago: $500,000 BV now = $113,250 Estimated MV 9 years from now = $55,000 Present MV = $145,000 Please help
cost of defender 5 years ago: $500,000
BV now = $113,250
Estimated MV 9 years from now = $55,000
Present MV = $145,000
Please help me I got the wrong answer
Use the PW method to select the better of the following alternatives. Assume that the defender was installed five years ago. The MAR is 12 per year. Defender: Challenger: Annual Expenses Alternative A Alternative B $320,000 $290,000 Labor 230,000 Material 100,000 Insurance and property taxes 4% of initial capital None investment $8,500 Maintenance None Leasing cost None $105,000 Click the icon to view the additional information about the alternatives. Click the icon to view the interest and annuity table for discrete compounding when MARR 12% per year The P Defender is $601,993 (Round to the nearest thousands dollar
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