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If your company's MARR is 8% compounded annually over 5 years which option would you choose? (show your calculations) Purchase a new Press for $1000

If your company's MARR is 8% compounded annually over 5 years which option would you choose? (show your calculations)

  1. Purchase a new Press for $1000 with a revenue of $1400 over the time period. [Do Not consider interest on the revenue for this question
  2. Replace your Shear for $1500 to save maintenance costs on the old Shear of $2220 over the time period. [Do Not consider interest on the savings for this question]

plz answer correct 1 and 2 calculate asap

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