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Big Maple Corp. wants to buy a new, more efficient sawmill. After their market research they have found three possible options. Sawmill A would cost

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Big Maple Corp. wants to buy a new, more efficient sawmill. After their market research they have found three possible options. Sawmill A would cost $265,000 today, enjoy annual savings of $72,000 and last for 10 years. Sawmill B would cost $298,000, enjoy annual savings of $76,000 and last for 12 years. Sawmill C would cost $398,000, enjoy annual savings of $77,000 and last for 14 years. Assuming a discount rate of 7.9%, which sawmill should Big Maple purchase? Sawmill A Sawmill B Sawmill C Sawmill A, B, C are the same

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