8-14 The following four mutually exclusive alternatives
have no salvage value after 10 years.
A
A
B
C
D
First cost
Uniform annual benefit
Computed rate of return
$8000 $6000 $6000 $9500
1750 1300 1425 1900
17.5% 17.3% 19.9% 15.1%
(a) Construct a choice table for interest rates from
0% to 100%.
(b) Using 12% for the MARR, which alternative
should be selected?