Purchase of new equipment is required for a commercial kitchen. Perform a present value analysis to determine which of the available alternatives should be purchased, if the interest rate is 8% per annum.

Alternative Initial Cost Annual Uniform Benefit Maintenance Costs Residual Value Lifespan

Team At $500 $275 $25 $130 4

Team B $750 $290 $45 $250 6

Team C $950 $325 $70 $200 8

draw diagram and solve