3 Midland Metalworking is examining a 750-tonne hydraulic press and a 600-tonne moulding press for purchase Midland has enough in its budget for only one of them IMidland's MARR in 15 percent and the relevant information is as given below, which press shodd it purchase? Use an anmal.orth comparisonHydraulic Pres$300,000$35.000S2000, increasing by 20% each S700, increasing by $400 eachyear thereafter20 years$19.000Initial CostAnnual SavingsAnnual Maintenance CostMoulding Press$175,000$21,000year thereafterLifeSalvage Value9 years$16.200Click the icon to viow the table of compound nterest factors for discrete compounding periods when i 15%The annual worth for the hydraulic press in S The annual worth of the moulding press in S Midand should choose the(Round to the nearent cent as needed)

The annual worth is the equivalent uniform annual cost of an asset over its life cycle.It is…

Midland Metalworking is examining a 750-tonne hydraulic press and a 600 tonne moulding press for purchase Midland has enough in is budgeot for only one of them Midiand's MAHRR is 15 percent and the relevant information is as given below, which press shodd it purchase? Use an amal.oh companson Hydraulic Press $300,000 $35.000 S2000, increasing by 20% each ST00, ncreasing by $400 each year thereator 20 years $19.000 Initial Cost Annual Savings Annual Maintenance Cost Moulding Press $175,000 $21.000 year thereater Life Salvage Value 9 years $16.200 Click the icon to view the table of compound nterest factors for discrete compounding periods when i 15% The annual worth for the hydraule press in S The annual worth of the moulding press is S Midand should choose the (Round to the nearest cent as needed)