Problem! An Industrial engineer with Pro-Automation is assigned to Buy a new die machine. Two options are available, each with a first cost, annual lease cost, and deposit-return estimates shown below. The MARR is 15% per year. Die Machine A First Cost ($): 15,000 Annual lease cost ($ per year): 3,500 Deposit return ($ at the end of lease term): 1,000 Lease term (years): 6 Die Machine B First Cost ($): 18000 Annual lease cost ($ per year): 3100 Deposit return ($at the end of lease term): 2000 Lease term (years): 3 a) Determine which machine should be selected on the basis of a present worth comparison using LCM. b) Pro-Automation has a standard practice of evaluating all options over a 3-year period. If a study period of 3 years is used and the salvage values are not expected to change, which machine should be selected? c) Without calculation, determine which alternative should be selected in case of LCM and study period on the basis of Future Worth Analysis Problem II CTI just purchased a new software for $5000 paid now and annual payments of $500 to be paid every year for 6 years starting 3 years from now for annual upgrades. What is the present worth, PW, of the payments if the interest rate is 10% per year