Consider four mutually exclusive alternatives each having an 8-year useful life B c D Fist cost 1000 800 sod Uniform Annual Benefit 125 120 97 122 Salvage value 750 500 250 600 Solution: 3-D 1. Rank of alternatives. 2. Perform the IRR analysis, yields the following table FYI: C-D AD A-8 ROR 10.34% 11.95% 11.91% 18.62% -3.69% 525 520965.11 3. According to the results above, we can construct the choice table between 0% and 100% as if no MARR is for a particular alt, use N/A in the blank) Alt. A for MARR between % and % Alt. B for MARR between % and % Alt. C for MARR between % and Alt. D for MARR between % and Do nothing for MARR between % and % 4.If MARR = 8%, then select alternative