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Hello, Please help with the question below, its an economics ques and I need help for it.: Thank you so much! 2] Amusement Parks {16

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Hello,

Please help with the question below, its an economics ques and I need help for it.:

Thank you so much!

image text in transcribed
2] Amusement Parks {16 Points) The city of W is considering two options for an amusement park at the heart of the city. The cost estimates for these options are: Description Project A Project B Initial Cost $5,000,000 $6,000,000 Annual Operating Cost $300,000fyg $350,000fyg Overhaul at the End of Years 2 8a 4 -- $60,000 Overhaul at the End of Year 5 $120,000 -- Salvage Value $200,000 $250,000 Project Life 8 years 6 years MARR 10% 10% a] [5pt] Calculate the EUAC of Project A? b] [5pt] Calculate the EUAC of Project B? c] [2pt] Tit'lr'hich alternative should be selected? Why? (I) [2pt] If the city expects 200,000 tourists to visit the park every year, what should the minimum ticket price be per visitor

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