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Second: 51 A project engineer with EnvironCare is assigned to start up a new office in a city where the contract has been finalized to
Second: 51 A project engineer with EnvironCare is assigned to start up a new office in a city where the contract has been finalized to collect and analyze ozone-level readings. Two lease options are available, each with a first cost, annual lease cost, and deposit-return estimates shown below. The MARR is 15% per year Location A Location B First cost, -15.000 -IR.000 Annual lease cost $ per year - 3.500 -3.100 Deposit return, 5 1.000 2.000 Lease ten years 6 Determine which lease option should be selected on the basis of an annual worth comparison
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