Question $28$

$\frac{3}{3}$ pts

Consider three mutually exclusive alternatives shown below. Do nothing is NOT an option. Alternatives B and C may be replaced with identical items at the end of their useful lives. Using a $10\%$ interest rate, which would you choose?

$\backslash$table$[[,$A$,$B$,$C$],[$Initial Cost,$$20,000,$$$25,000,15,000],[$Uniform annual Benefit,$1900,2400,3500],[$Useful life $($years$),,20,5]]$

Project A

Project B

Project C

All are equal.