A young millionaire bought a commercial lot in a busy street of Cagayan de Oro. He plans to franchise a business to be constructed on his commercial lot and has three options. Perform equivalent uniform annual cost analysis with the cost shown below. The rate of return is 15% per year. Mang Inasal 45,000,000 Chowking Jollibee 35,000,000 60,000,000 7,000,000 5,000,000 2,000,000 3,500,000 10,000,000 20 20 20 First cost Annual operating cost (AOC) 9,000,000 Salvage value Service life, years A young millionaire bought a commercial lot in a busy street of Cagayan de Oro. He plans to franchise a business to be constructed on his commercial lot and has three options. Perform future worth analysis with the cost shown below. The rate of return is 15% per year. First cost Mang Inasal 45,000,000 Jollibee Chowking 35,000,000 60,000,000 7,000,000 2,000,000 3,500,000 5,000,000 10,000,000 15 15 15 Annual operating cost (AOC) 9,000,000 Salvage value Service life, years