The alternatives for an engineering project to recover most of the energy presently being lost in the primary cooling stage of a chemical processing system have been reduced to three designs. The estimated capital investment amounts and annual expense savings are as shown in the table. Assume that the MARR is 12% per year, the study period is six years, and the market value is zero for all three designs. Apply an equivalent-worth analysis method to determine the prefered alternative Click the icon to view the alternatives description. Click the icon to view the interest and annuity table for discrete compounding when i=5% per year. Click the icon to view the interest and annuity table for discrete compounding when i= 12% per year. Perform the incremental PW Analysis. Fill-in the table below (Hint: Order altematives by increasing capital investment). (Round to the nearest hundreds.) Alternative Inc. PW Is the alternative acceptable? Design EOY ER1 -$98,500 25,000 ER2 - $115,000 29,000 ER3 -$81,200 20,000 f= 5%a G $100b 4 6 31,907 29,500 20,000 "After year one, the annual savings are estimated to increase at the rate of 5% per year After year one, the annual savings are estimated to increase $100 per year Uniform sequence of annual savings The alternatives for an engineering project to recover most of the energy presently being lost in the primary cooling stage of a chemical processing system have been reduced to three designs. The estimated capital investment amounts and annual expense savings are as shown in the table. Assume that the MARR is 12% per year, the study period is six years, and the market value is zero for all three designs. Apply an equivalent-worth analysis method to determine the prefered alternative Click the icon to view the alternatives description. Click the icon to view the interest and annuity table for discrete compounding when i=5% per year. Click the icon to view the interest and annuity table for discrete compounding when i= 12% per year. Perform the incremental PW Analysis. Fill-in the table below (Hint: Order altematives by increasing capital investment). (Round to the nearest hundreds.) Alternative Inc. PW Is the alternative acceptable? Design EOY ER1 -$98,500 25,000 ER2 - $115,000 29,000 ER3 -$81,200 20,000 f= 5%a G $100b 4 6 31,907 29,500 20,000 "After year one, the annual savings are estimated to increase at the rate of 5% per year After year one, the annual savings are estimated to increase $100 per year Uniform sequence of annual savings