ALPHA	BETA	GAMMA
1. Initial Cost ($)	$1,000,000	1,200,000	1,500,000
2. Revenues ($)	$540,000 annually	$565,000 at EOY1 decreasing by $5,000 annually thereafter.	$575,000 from EOY1 to EOY5 inclusively; $580,000 at EOY6 which decreases by 2% annually thereafter
3. Operating Costs ($)	$260,000 at EOY1 increasing by $2,500 annually thereafter.	$230,000 at EOY1 increasing by 1% annually thereafter	$291,000 at EOY1 increasing by $2,000 annually thereafter
4. End-of-life salvage value ($)	200,000	235,000	260,000
5. Useful life (years)	5 years	5 years	10 years

All parameter values are fictitious.

EOY = End-of-year

The industry standard for retirement homes is 4 years.

MARR = 10%

a. GAMMAs Net Future Worth (at EOY10) is between

b. ALPHAs Net Present Worth (at EOY0) is between ...

c. If the ALPHA retirement home was operated for thirty (30) years with no change to any of its initial parameter values, its annual equivalent worth (AEW) would be between

d. BETAs annual equivalent worth (AEW) is between

e. The best retirement home based on the Net Future Worth (NFW) method is