Problem $1$:

Three mutually exclusive alternatives are being evaluated, and their costs and revenues are listed in the table below. If MARR is $20\%$ per year and analysis period is $10$ years, use the PW method to determine which alternatives are economically acceptable and which one should be selected.

$\backslash$table$[[$Parameter$,$Alternative $1,$Alternative $2,$Alternative $3],[$Capital investment,$$300,000,$$$450,000,$$$600,000$