In the Rawhide Company (a leather products distributor), decisions regarding approval of proposals for capital investment are based upon a stipulated MARR of 17% per year. The five packaging devices listed in the table below were compared, assuming a 10-year life and zero market value for each at that time. Which one (if any) should be selected? Make any additional calculations that you think are needed to make a comparison, using the ERR method. Let 18%. B Capital investment 37.000 51,000 Annual revenues less expenses 11,000 14,000 External rate of return 21.5 20.5 54,000 16,300 21.7 D 60,000 16,900 20.8 E 71.000 19.100 20.3 Discrete Compounding; 1= 18% Single Payment Uniform Series Compound Compound Sinking Amount Present Amount Present Fund Factor Worth Factor Factor Worth Factor Factor To Find F To Find P To Find F To Find P To Find A Given P Given F Given A Given A Given F F/P P/F FIA PIA A/F Capital Recovery Factor To Find A Given P A/P N 1 1.1800 0.8475 1.0000 1.0000 1.1800 2 1.3924 1.6430 0.7182 0.6086 0.8475 1.5656 2.1743 0.6387 2.1800 3.5724 3 0.4587 0.2799 0.4599 4 1.9388 2.6901 0.5158 0.4371 5.2154 7.1542 2.2878 LO 0.1917 0.1398 0.3717 0.3198 3.1272 2.6996 0.2859 7 3.1855 3.4976 3.8115 8 3.7589 0.3704 0.3139 0.2660 0.2255 0.1911 9.4420 12.1415 15.3270 19.0859 23.5213 0.1059 0.0824 0.0652 0.0524 0.0425 9 4.0776 4.3030 4.4355 5.2338 0.2624 0.2452 0.2324 0.2225 10 4.4941 11 6.1759 0.0348 12 7.2876 13 0.1619 0.1372 0.1163 0.0985 0.0835 4.6560 4.7932 4.9095 8.5994 28.7551 34.9311 42.2187 50.8180 60.9653 0.2148 0.2086 0.2037 0.1997 0.1964 14 0.0286 0.0237 0.0197 0.0164 10.1472 11.9737 5.0081 15 5.0916