hill, including the extra length of service lines, is. (b) At what interest rate would the two pleets estimated to be $120,000 with negligible salvage: Currently, you have $10.000 to invest ovest value. Because of the tank's location on the hill, 5.59 Currently, you have $10.000 to invest orthe equipment is required. The pumping equipment is years. The interest rate in the United Sartes inted dollars. The interest rate in Earope i expected to have a service life of 20 years with a 5% for invested euros. The interest rate in Joper salvage value of $1,000 at the end of that time. The 6% for invested yen. Assume that these intertse annual operating and maintenance cost (including are expected to remain unchanged over the ner $. any income tax effects) for the pumping operation years. The current and expected exchange ritise is estimated at $1,000. If the firm's MARR is known to be 12\%, which Which of the following options (if any) will tri. option is better on the basis of the present-worth mize your wealth in U.S. dollars at the end of 5 e. 5.58 A professional football player has a contract years? S.58 A professional football player has a contract (a) Investing in the United States. earn either $11,406,000 (deferred plan) over 12 years (b) Investing in Europe. or $8,600,000 (non-deferred plan) over 6 years. He must declare which plan he prefers. The $11 million package is deferred through the year 2026 , while the non-deferred arrangement ends after the 2020 sea- son. Regardless of which plan is chosen, he will be playing through the 2020 season. (a) Details of the two plans are given in Table P5.58. If his interest rate is 6%, which plan is more attractive