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Choose the best alternative among the three alternatives given in the table below. Use a MARR of 5% Red Blue Green Initial cost $4500 $1900
Choose the best alternative among the three alternatives given in the table below. Use a MARR of 5%
Red | Blue | Green | |
Initial cost | $4500 | $1900 | $1200 |
Annual benefit | $2400 | $700 | $300 |
Salvage value | $500 | $900 | 0 |
Life in years | 2 years | 3 Years | Infinity |
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