Problem 1. (20 pts) Three mutually exclusive projects are being considered: When each project reached the end of its useful life, it would be sold for its salvage value and there would be no replacement. $1000 $2000 $3000 First cost Uniform annual 250 30 525 benefit (a) Determine the EUAW (Equivalent Uniform Annual Worth) of each Salaevalue 200 300 400 alternative for interest rate from 0% to 20%, in increment of 4% and complete the table 1. Useful life, Table 1: EUAW vs i% (10 pts) EUAW i%, rate Table 2. Choice Table (4 pts) Interest rate Best Choice Alt. A Alt. B Alt.C 4% 5%