An alternative has a discounted project cost of $4,185,000 with no salvage value. The estimate was in constant year dollars and the discounting used mid-year factors. While the period of analysis is 5 years, the alternative only provides benefits for the last 3 years. Calculate the uniform annual cost.
a. $1,592,861 b. $1,759,148 c. $1,648,027 d. $1,525,813 Comment