Question: Please show every step and no excel solutions... A city council is analyzing three mutually exclusive alternatives, as systems to be acquired for a public

Please show every step and no excel solutions...Please show every step and no excel solutions...

A city council is analyzing three mutually exclusive alternatives, as systems to be acquired for a public project. Each system data, as far as benefits and costs and useful life are summarized in the below table. Which one of these three systems do you recommend to the city council using B-C ratio analysis? The interest rate is 7%. System 1 System 2 System 3 Initial investment, 80,000 90,000 250,000 Annual O&M, $/year 5500 10000 8000 Benefits, $/year 80,000 85.000 60,000 Disbenefits, $/year 20,000 20.000 40,000 Salvage value, $ 5,000 10,000 Useful life

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