8 The PARC Co is considering purchasing a new widget machine

Last updated: 3/13/2023

8 The PARC Co is considering purchasing a new widget machine The company interest rate MARR is 12 Which if either of the two new widget machines for which annual cost data are available should PARC purchase The following annual cost data are available for the two possible alternatives Data Useful Life Years 6 First Cost Salvage Value Annual Benefit WIDGETS R US WEE WILLY WIDGETS 2 250 000 70 000 675 000 60 000 10 000 M O M O Gradient 2 780 000 85 000 870 000 82 000 8 000 a Make a plot showing the NPW for all options also include on the plot the increment between them b Write out the Choice Table for this situation As this question was originally to be solved by hand comment on what that solution would be