Step by step solution for the following:

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>Choose the better alternative using Net Present Value.

>MARR is 9%

1. Given the data in the table below, choose the better alternative-using Net Present Value analysis if MARR is 9%. 15pts Alternative A B Initial Cost Annual Benefits Annual Expenses Salvage Value Useful Life in Years $12,000 $5,900 $3,000 $2,200 6 $9,000 $4,700 $2,000 $1,300 $6,000 $3,000 $1,100 $3,000 2