Use net present worth analysis to decide which machine


Can somebody please show the work for this. I keep getting a different answer. Thanks. The following costs are associated with two new peanut picker machines being considered for use: The company interest rate (MARR) is 12%. The company will make a down payment of 25% of the first cost for the Pick-M-Up and 15% of the first cost for Carter's. The loan will have an annual interest rate of 10% with annual payments. The length of the loan will be equal to the life of the machine. Use net present worth analysis to decide which machine should be purchased. Your Work Must Support your Answer for Full Credit Pik-M-Up with NPW = $77,624.78 Carter's with NPW = $155,249.60 Pik-M-Up with NPW = $135,120 Carter's with NPW = $56,082.

Request for Solution File

Ask an Expert for Answer!!
Risk Management: Use net present worth analysis to decide which machine
Reference No:- TGS02334232

Expected delivery within 24 Hours