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8-15 Consider four mutually exclusive alternatives, each having an 8-year useful life: A B C D First cost $1000 $800 $600 $500 Uniform annual 122

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8-15 Consider four mutually exclusive alternatives, each having an 8-year useful life: A B C D First cost $1000 $800 $600 $500 Uniform annual 122 120 97 122 benefit Salvage value 750 500 500 0 (a) Construct a choice table for interest rates from 0% to 100%. (b) If the minimum attractive rate of return is 8%, which alternative should be selected

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