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White down all givens and slove as soon as possible. Asap! Only use equations/formulas, Do not use excell. Thank you so so much. Question 3

White down all givens and slove as soon as possible. Asap! Only use equations/formulas, Do not use excell. Thank you so so much.

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Question 3 26 points Save Answer Moog is considering investing in some new inspection equipment to improve the accuracy of their finished products. They have identified two possible options, detailed below. They only need to purchase one of these options and have asked for your assistance in the decision making process. Option 1: Scanning Probe Coordinate Measuring Machine Cost to purchase = $72,500 Service life = 10 years Annual maintenance costs = $4750 Expected salvage value = 11% of the initial cost Annual operating hours = 3520 Option 2: Touch Probe Coordinate Measuring Machine Cost to purchase = $52,240 Service life = 10 years Annual maintenance costs = $6600 Expected salvage value = $5,224 Annual operating hours = 3520 If Moog's MARR is 9%, which option should they choose? Use an annual equivalent approach to answer this question and compare based on costs per operating hour. DO NOT include a calculation of net present worth as part of your solution approach. Include your final decision (which option to select and a few words about why you made this choice) in this submission window and then upload your written solution at the end of the exam

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