Question: I need help in this question. Please I have only 40 minutes. Please do it correctly and 100% and post complete and correct solution 2
I need help in this question. Please I have only 40 minutes. Please do it correctly and 100% and post complete and correct solution

2 3 The table below gives the cash flow information for three mutually exclusive projects, of which one must be selected. Assume a MARR of 7.00%. Using an annual benefit-cost ratio analysis, state here on Blackboard which project should be selected and state the two incremental ratios (to three decimals) used to arrive at your selection. For example (numbers and order may be different): B/C of Project 3 - 2 = 1.367 and then B/C of Project 1 - 3 = 1.113. Project 1 Initial Cost (x$1000) Annual Maintenance (X$1000) Annual Revenue (x$1000) 170 145 155 Salvage value (x$1000) 200 75 Life (years) 6 6 6 500 400 600 10 12 35 120
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