Which alternative should be selected using incremental rate of return analysis, if MARR = 8.5%?

	Do-nothing	A	B	C	D
First cost	0	$6,500	$4,500	$10,000	$3,500
Annual benefit	0	1,058	829	1,770	510

Life

10 yrs

ROR

10.0%

13.0%

12.0%

7.5%

Group of answer choices

B, because its ROR is the highest

C, because the C-B increment has a ROR of 11.17% and the A-B increment has a ROR of 2.50%

C because C has the highest annual benefit

something other than C, because C costs the most initially

please show steps and formulas

Which alternative should be selected using incremental rate of return analysis, if MARR =8.5%? B, because its ROR is the highest C, because the C-B increment has a ROR of 11.17% and the A-B increment has a ROR of 2.50% C because C has the highest annual benefit something other than C, because C costs the most initially