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1. There are three investment alternatives with an initial investment of $300,000; $450,000 and $150,000. The net annual income for these alternatives over the next
1. There are three investment alternatives with an initial investment of $300,000; $450,000 and $150,000. The net annual income for these alternatives over the next 10 years includes $60,000; $82,500 and $28.500 respectively. Use IRR to choose the best alternative. MARR= 10% and no salvage values after 10 years. O)initial investment :$300,000; Annual income: $60,000; initial investment: $450,000 ; Annual income: $82.500; initial investment: $150,000; Annual income: $28,500; O
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