use present worth analysis to determine which machine, if either, should be purchased

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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A firm is trying to decide which of two machines to purchase as described in in the table below.  Using the interest rate 9% or 0.09, use present worth analysis to determine which machine, if either, should be purchased.  
 
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Machine:                      A    -   B
First Cost:                 $800 - $600
Annual Net Benefit:  $130 -  $230
Salvage Value:            $40 -  $20
Usefil Life (years):           9 - 3
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