Benefit-cost ratio

Problem 1 (15 points): Using the project data choose the best project using incremental benefit-cost ratio (use the present worth values for total cost and total benefits.) (i=3%): C Initial Cost Annual Benefit Annual Cost Salvage Value Lifetime A 450,000 80,000 20,000 50,000 15 165,000 95,000 30,000 20,000 400,000 70,000 10,000 30,000