The Larkspur Furniture Company needs a new grinder. Compute the present
worths for these mutually exclusive alternatives and identify which you would recommend given i = 5% per year. Larkspuruses a 8-year planning horizon. Assume identical replacement for alternative A. <10 pts=""> Alternative A B Initial Cost $4200 $5700 Annual Costs $250 $350 Salvage Value $1000 $3000 Life 4 years 8 yearsAnswers: PW of B: PW of A:
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