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If available, solve using excel functions DirectJet Airlines is considering improving customer service. Directjet is looking into offering one of the following two free services

If available, solve using excel functions

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DirectJet Airlines is considering improving customer service. Directjet is looking into offering one of the following two free services to customers: 5.9 Free live television services onboard its aircraft with the first cost of $70 million and annual operating cost of $5 million for 10 years with no salvage value. Free high speed internet services onboard its aircraft with the first cost of $25 million and annual operating cost of $15 million for ve vears. DirectJet's MARR is 9 percent. Using a study period of five years, which alternative is cost efficient? The following table presents the cash flows for both alternatives. Live Television (LT) High Speed Internet (HSI) $25,000,000 -$15,000,000 -$15,000,000 -$15,000,000 -$15,000,000 -$15,000,000 Year -$70,000,000 -$5,000,000 -$5,000,000 -$5,000,000 -$5,000,000 -$5,000,000 -$5,000,000 -$5,000,000 -$5,000,000 10

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