Assume a mutually exclusive scenario. Compare three alternatives on the basis of their capitalized cost (CC) at i=10% per year, which is the best alternative in this scenario? Alternative 1, AW = $87,500 and n = (forever) Alternative 2, PW = -$895,000 and n = (forever) Alternative 3, First cost (FC) of $900,000, annual operating savings of 3,000 per year, salvage = $200,000, and n = (forever) Alternative 2 Alternative 3 None of them Alternative 1 QUESTION 6 0 Assume independent projects at 4 different locations, compare the projects based on their present worth at interest rate 20% per year. Which project(s) should be selected? Project location Initial Cost, $ Maintenance Revenue, $/year Salvage value, $ Project contract Cost, $/year period, years North -500 -150 250 10 South -650 -250 4000 15 East 1 -800 -300 500 1 0 1 0 West -900 -400 750 0 5 East and West North and East East and South North and South