Consider four mutually exclusive alternatives, each having an 8-year useful life: Solution: 1. Rank of alternatives: 2. Perform the IRR analysis, yields the followina table FYI: 3. mwiung to tne results above, we can construct the choice table between 0% and 100% as: (if no MARR is for a particular alt., use N/A in the blank.) 4. If MARR=8%, then select alternative Consider four mutually exclusive alternatives, each having an 8-year useful life: Solution: 1. Rank of alternatives: 2. Perform the IRR analysis, yields the followina table FYI: 3. mwiung to tne results above, we can construct the choice table between 0% and 100% as: (if no MARR is for a particular alt., use N/A in the blank.) 4. If MARR=8%, then select alternative