Question 7 10 Points $2000 is deposited into an account today. additionally annual payments of $500 is deposited into the account for 10 consecutive years. on year 5 a withdrawal of $2000 is made from that account. if interest is 10% annually. How much is in that account at the end of year 107 A 513,562 B) 514,585 C515,672 D 516,276 Question 8 10 Points Alternatives A&B are being evaluated. The effective annual interest rate is 10%. given the following data for each alternative, which alternative is economically superior? You must show your justification as an attachment to this exam. ALTERNATIVE A First cost: 580.000 Life: 10 years Salvage value: 97.000 Annual cost: years 1-5 @ $1,500 and years 6-10 @ $2000 Additional cost: $5000 I ALTERNATIVE B: First cost: $65,000 Life: 10 years Salvage value: 50 Annual cost years 1-5 $2,700 and years 5-10 a $3200 Additional cost: 51000 B B Both A&B D Neither A or