A medium$-$size municipality plans to develop asoftware system to assist in project selection dur$-$ing the next $10$ years. A life$-$cycle cost approachhas been used to categorize costs into develop$-$ment, programming, operating, and support costsfor each alternative. There are three alternativesunder consideration, identified as A $($tailored sys$-$tem$),$ B $($adapted system$),$ and C $($current system$).$Use an annual life$-$cycle cost approach to identifythe best alternative at $8\%$ per year.