5) Annual costs of 3 different systems are provided below. If the MARR is 8%, which system is

the least costly of the three? Use incremental investment analysis and show all steps.

Year System A System B System C

0 $0 $2,000,000 $4,000,000

1 $9,000,000 $8,660,000 $8,240,000

2 $9,000,000 $8,660,000 $8,240,000

3 $9,000,000 $8,660,000 $8,240,000

4 $9,000,000 $8,660,000 $8,240,000

5 $9,000,000 $8,660,000 $8,240,000

6 $9,000,000 $8,660,000 $8,240,000

7 $9,000,000 $8,660,000 $8,240,000

8 $9,000,000 $8,660,000 $8,240,000