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please show all steps, do not use excel 7) (30 points) A real-estate investor has narrowed her choices to the following two properties for further

please show all steps, do not use excel image text in transcribed

7) (30 points) A real-estate investor has narrowed her choices to the following two properties for further consideration. Her MARR is per year compounded annually and she plans to keep the property ror a period of 6 years. Purchase price Resale Value in 6 Net Annual Income A Pro Sl .85 million Sl .6 million $2 million $1.8 million $0.275 million SO.2 million a) (20 B)ints) Which investment option should she choose. if any? Solve using the present worth method. b) (10 points) For the investment option you recommended in part (a). how much more will she earn on an annual basis compared to just investing the purchase price amount at MARR over the 6-year period?

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