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Given the following data, use present worth analysis to find the better alternative, A or B. Use an analysis period of 12 years and 12%
Given the following data, use present worth analysis to find the better alternative, A or B. Use an analysis period of 12 years and 12% annual interest rate. B A 19,010 5,627 14,542 19,399 Initial cost Annual benefit Salvage value Useful life 11,247 -2,430 16 years 4 years What is the difference between the present worth of alternative B and A, specifically what is PW8 - PWA? State your answer with 2 decimal places
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