Hello, I'm confused on part 'C' on how to graph the answer Ireceived in part 'B'
B. A steam boiler is required as part of the design of a newplant. The types of fuel that can be used to ignite the boiler arenatural gas, fuel oil, and coal. The cost of installation includingall required controls is $40,000 for natural gas, $50,000 for fueloil, and $120,000 for coal. In addition, the annual cost of fueloil is $8,000 less than the annual cost of natural gas and $12,000more than the annual cost of coal. The boiler is to be utilized for20 years and interest rate is 8%. Using the most suitable approach,determine the best alternative. Is there any other considerationfor the obtained result?
Present Worth of Costs:
           Natural Gas:
                      PWC: 40,000 + 8,000 (P/A, 8%, 20) + PWC(OIL)
                       PWC: 40,000 + 8,000 * 9.8181 + PWC(OIL)
                       PWC: 78,544.80 + 40,000 + PWC(OIL)
                       PWC: 118,544.80 + PWC(OIL)
           Fuel Oil:
                       PWC = 50,000 + PWC(OIL)
          Â
           Coal:
                       PWC = 120,000 – 12,000(P/A, 8%,20) + PWC(OIL)
                       PWC = 120,000 – 12,000 * 9.8181 + PWC(OIL)
                       PWC = 120,000 – 117,817.20 + PWC(OIL)
                       PWC = $2,182.80
The best alternative to ignite the boiler is coal. There are notother issues to be considered to obtain results.
C. Using Excel software or any other software package, solve theproblem of Part B. Include all required commandstatements/programming as part of your solution.