You have been asked to evaluate two alternatives, X and Y, that may increase plant capacity for manufacturing high-pressure hydraulic hoses. The parameters associated with each alternative have been estimated. Which one should be selected on the basis of a present worth comparison at an interest rate of 15% per year? Why is yours the correct choice? X $-35,000 $-15000 $1,500 5 years The present worth of alternative X is $ Alternative (Click to select) is selected by the company. Alternative First Cost Maintenance cost, per Year Salvage Value Life Y $-65,000 $-7000 $12,000 5 years 84537 and that of alternative Y is $

You have been asked to evaluate two alternatives, X and Y, that may increase plant capacity for manufacturing high-pressure hydraulic hoses. The parameters associated with each alternative have been estimated. Which one should be selected on the basis of a present worth comparison at an interest rate of 15% per year? Why is yours the correct choice? The present worth of alternative X is $ and that of alternative Y is $ Alternative Is selected by the company