Question: Please, I post the change in the question so I want the answer after you change the question. The owner of a downtown parking lot

 Please, I post the change in the question so I want
the answer after you change the question. The owner of a downtown
Please, I post the change in the question so I want the answer after you change the question.

The owner of a downtown parking lot has employed a civil engineering consulting firm to advise him on the economic feasibility of constructing an office building on the site. Betty Samuels, a newly hired civil engineer, has been assigned to make the analysis. She has assembled the following data: 8-33 Total TotalNet Annual Investment Revenue 0 200,000 22,000 Build 1-story building 400,000 60,000 72,000 Build 3-story building 750,000 100,000 Build 4-story building 875,000 105,000 Build 5-story building 1,000,000 120,000 Alternative Sell parking lot Keep parking lot Build 2-story building 55,000 72.000 Includes the value of the land. The analysis period is to be 15 years. For all alternatives, the property has an estimated resale (salvage) value at the end of 15 years equal to the present total investment. (a) Construct a choice table for interest rates from 0% to 100%. (b) If the MARR is 10%, what recommendation should Betty make? 8-33 HOWEVER: Instead of constructing choice table, I'd like you to use our 'bracket analysis to determine the optimal choice at a MARR of 12.5000%. (i.e., use the information in the problem, but, instead of answering parts a and b, use the 'bracket' analysis)

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