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[ 4 pts. ] An alternative with an infinite life has a B/C ratio of 0.60. The alternative has benefits of $ 115,000 per year

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[ 4 pts. ] An alternative with an infinite life has a B/C ratio of 0.60. The alternative has benefits of $ 115,000 per year and annual maintenance costs of $25,000 per year. Which one of the following value is closest to the first cost of the alternative at an interest rate of 11% per year? Select one: a. 1,742,425 b. 1,893,940 c. 1,666,667 d. 1,515,152

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