Question: Three mutually exclusive projects are being considered:
|
Item
|
A
|
B
|
C
|
|
First Cost
|
1,000
|
2,000
|
3,000
|
|
Uniform Annual Benefits
|
150
|
150
|
0
|
|
Salvage Value
|
1,000
|
2,700
|
5,600
|
|
Useful Life
|
5 years
|
6 years
|
7 years
|
|
MARR
|
8%
|
8%
|
8%
|
Suppose that when each project reached the end of its useful life, it was sold for the salvage value, without replacement. Make a choice table from 0% to 100 percent. Determine which project should be selected?