Dort Motors Manufacturing must replace one of its tow motors. The net present cost of alternative A is $8,956, alternative B is $ 5,531 and alternative C $4,078. Alternative A is expected to last for 12 years and B has an expected life of seven years, while alternative C is expected to last for five years. If interest rate is 5% the alternative that should be chosen is a) A; b) B; c) C; d) No alternative should be chosen 5. Given the cash flow table below, Alice was asked to compute the value of P for the cash flow at 8% interest. She wrote four equations. Circle the correct equation Year Cash Flow P 1 1,000 2 1,150 3 4 1,300 1,450 5 6 1,600 1,600 7 1,600 8 1,600 A) B) C) D) P-1,000(P/A, 8%, 8) + 150(P/G, 8%, 8) - 150(P/G, 8%, 4) (P/F, 8%, 4) P = 1,600(P/A, 8%, 8) - 600(P/A, 8%, 5) - 150(P/G, 8%, 4) P = 150(P/G, 8%, 4) + 1,000(P/A, 8%, 4) +1,600(P/A, 8%, 4) (P/F, 8%, 4) P-1,600(P/A, 8%, 8) + 150(P/G, 8%, 8) - 150(P/G, 8%, 4) (P/F, 8%, 4)