You are looking for security for your business. Your firm does highly confidential work so you absolutely must have security. You have found two options. The first option is a high tech solution with door sensors, motion detectors, cameras and card readers for door access. The second option is rather low tech. You would upgrade your door locks and hire a guard to be on duty overnight. The costs for each of these options is shown below. If your cost of capital is 9%, which option should you select? Support your answer with the appropriate discounted cash flow analysis.
		Upfront Cost	Annual Cost	Length of Contract
	Hi Tech	$225,000	$ 8,000	7
	Low Tech	$ 10,000	$ 50,000	3