The following data is available for the three different alternatives (X,Y,and Z).Using Present Worth Analysis, find the best alternative. Data Alternatives Y Initial Cost (2,500) (2,000) (3,000) Benefits/year life, years 700 800 600 Infinity 10 196 12.00% The best alternative to select is alternative Y and Z O The best alternative to select is alternative Z O The best alternative to select is alternative X and Z O The best alternative to select is alternative X O The best alternative to select is alternative Y O The best alternative to select is alternative X and Y
The following data is available for the three different alternatives (X,Y,and Z).Using Present Worth Analysis, find the best alternative. Data Alternatives Y Initial Cost (2,500) (2,000) (3,000) Benefits/year life, years 700 800 600 Infinity 10 196 12.00% The best alternative to select is alternative Y and Z O The best alternative to select is alternative Z O The best alternative to select is alternative X and Z O The best alternative to select is alternative X O The best alternative to select is alternative Y O The best alternative to select is alternative X and Y
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![The following data is available for the three different alternatives (X,Y,and Z).Using Present Worth Analysis, find the best alternative.
Data
Alternatives
X
Y
(2,500)
2.
Infinity
Initial Cost
(2.000)
(3,000)
Benefits/year
life, years
$
700
800
600
10
19%
12.00%
O The best alternative to select is alternative Y and Z
O The best altermative to select is alternative Z
O The best alternative to select is alternative X and Z
O The best alternative to select is alternative X
O The best alternative to select is alternative Y
O The best alternative to select is alternative X and Y](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6044a6d8-55bc-4b42-8160-5cea2d802c78%2F58babfbc-8eff-42c7-8e1b-8dab9dd5bab9%2Fmct5ba_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The following data is available for the three different alternatives (X,Y,and Z).Using Present Worth Analysis, find the best alternative.
Data
Alternatives
X
Y
(2,500)
2.
Infinity
Initial Cost
(2.000)
(3,000)
Benefits/year
life, years
$
700
800
600
10
19%
12.00%
O The best alternative to select is alternative Y and Z
O The best altermative to select is alternative Z
O The best alternative to select is alternative X and Z
O The best alternative to select is alternative X
O The best alternative to select is alternative Y
O The best alternative to select is alternative X and Y
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