Question 3 10 pts The following data is available for three different alternatives. Assume an interest rate of 6% per year, compounded annually. Alternative C 2,000 Initial Cost Annual Benefit Useful Life (yrs) Alternative A 1,000 225 infinite Alternative B 600 194 987 16 8 Alternatives B and C are replaced at the end of their useful lives with identical replacements. Using present worth analysis, find the best alternative. Choose Alternative A because it lasts the longest Choose Alternative A because its net present worth is postive Choose Alternative C because its net present worth is $8,326.58 more than its nearest competitor Choose Alterntive C because it has the highest annual benefit