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A company with a MARR = 10% is considering the three options shown. Option 3 is the Do Nothing option. Option 1 Option 2 Option

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A company with a MARR = 10% is considering the three options shown. Option 3 is the Do Nothing option. Option 1 Option 2 Option 3 (Do Nothing) Initial Cost $ 780,000 $560,000 Uniform Annual Benefits $120,000 $95,000 Life 10 Years 10 Years The Internal Rate of Return for OPTION 2 is: e. Between 7% and 8% f. Between 8% and 9% g. Between 9% and 10% h. Between 10% and 12%

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