Explain with Excel. Interest rate is 8%.

Alternatives holours Alt. 1 Alt 2 - Initial Cost $50,000 $75,000 Estimated salvage value at end of useful life $10,000 $12,000 Useful Life years 13 years Estimated market value, end of 10-year $20,000-$15,000 -XA gast2157,0504497838/25,885 BAB 428,000 772, 95 , 96 [ EUAC, = NPW,(A[P,8%, 10) = 64,076(0.1490) = $9,547 = -$64.076. > NPW, = -75,000+15,000(P/F,8%,10)=-$69,442 EUAC, = NPW2( A/P,8%,10)= 69,442(0.1490)= $10,142 Alternatives holours Alt. 1 Alt 2 - Initial Cost $50,000 $75,000 Estimated salvage value at end of useful life $10,000 $12,000 Useful Life years 13 years Estimated market value, end of 10-year $20,000-$15,000 -XA gast2157,0504497838/25,885 BAB 428,000 772, 95 , 96 [ EUAC, = NPW,(A[P,8%, 10) = 64,076(0.1490) = $9,547 = -$64.076. > NPW, = -75,000+15,000(P/F,8%,10)=-$69,442 EUAC, = NPW2( A/P,8%,10)= 69,442(0.1490)= $10,142