0.5 point. Rubric for Problem 5: Correct setup and equations 3 points; correct answert. 5 points; Correct clarity and organization 0.5 point. Solve the five (5) Given Problems. Each Problem Carries 5 Points (Total = 25 points). Problem #1 (Pw method) use the present worth method (PW) to select an of the following two alternatives. Initial cost Benefits/year Machine X $120,000 $20,000. Life Salvage value $40,000 MARR 7% Machine Y $96,000 $12,000 20 years $20,000 T Draw a Cashflow diagram for Machine Y. MARR (minimum attractive rate of return) is th interest rate using any other method than PW me thach will not be accepted.
Fig: 1