Please type your question here:

Our company is considering to start a new product. We must choose between 3 options. Use Excel to decide which option to choose (if any).

Option 1 costs $10,000 and will earn $2000 annually Option 2 costs $15,000 and will earn $2750 annually Option 3 costs $20,000 and will earn $3500 annually Lets define the lifetime of the products as 3 years.

In Excel, construct a table and graph of the 3 Present Worths versus interest rate

And summarize in a table at which range one is preferred over the other