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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