Question: Please answer the full question with a clear explanation. Program Budgeting, Cost Estimation, and Control Xanadu Mining is considering three mutually exclusive alternatives, as shown

Please answer the full question with a clear explanation. Program Budgeting, Cost Estimation, and Control

Xanadu Mining is considering three mutually exclusive alternatives, as shown in the table below. MARR is 10 percent/year.

EOY

A001

B002

C003

0

-$210

-$110

-$160

1

$80

$60

$80

2

$90

$60

$80

3

$100

$60

$80

4

$110

$70

$80

a. What is the present worth of each alternative?

b. Which alternative should be recommended?

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