Find the value of the incremental ROR between project B and A below? Most nearly number for answer.
Projectà
A B
Initial cost 40,000 60,000
Annual
Benefit 4,000 10,000
Annual
Cost 2,000 3,500
Useful Life 10 10
ROR 8.34% 6.26%
15%
18%
No correct answer
20%
19%
17%