What is the EUAW for Option Y, over a 12 year project life? The benefits reset to the first year benefit when a new machine is installed. Ignore any other costs apart from the capital recovery costs.

	Option Y
Initial Cost	$235,000
Life	6
Salvage	16%
First year benefits	$85,000
Increase in benefits per year	$1,000
Rate	6%

		Around $20,600
		Around $25,700
		Around $29,400
		Around $44,930