Determine the better of the two alternatives presented below using the present worth analysis. Use an interest rate of 10%. (16 points) X Y Initial cost $11,500 $8,900 Annual $6,300 $2,500 benefit Salvage value $4,500 $8,900 Life in years 2 years 3 years Make sure that you prepared a detailed solution on a separate sheet of paper including the following: the appropriate decision criteria (2 pts.) the required cash flow diagrams (4 pts.) clearly present the equivalency models (4 pts.) show ALL calculations (4 pts.) clearly identify the chosen alternative (2 pt.) if Microsoft Excel is used to solve the problem, use a different sheet for each problem Seleccione una: a. Alternative X b. Alternative Y Determine the better of the two alternatives presented below using the present worth analysis. Use an interest rate of 10%. (16 points) X Y Initial cost $11,500 $8,900 Annual $6,300 $2,500 benefit Salvage value $4,500 $8,900 Life in years 2 years 3 years Make sure that you prepared a detailed solution on a separate sheet of paper including the following: the appropriate decision criteria (2 pts.) the required cash flow diagrams (4 pts.) clearly present the equivalency models (4 pts.) show ALL calculations (4 pts.) clearly identify the chosen alternative (2 pt.) if Microsoft Excel is used to solve the problem, use a different sheet for each problem Seleccione una: a. Alternative X b. Alternative Y