Consider that you are evaluating the following mutually exclusive projectswith an annual MARR of 10%.

What is the Present Value of Project B?

Initial investment Anual income Anual cost mainteinance Project A 150,000 90,00 20,000 Project B 200,000 80,000 15,000 annual increase in maintenance cost from year 2 Salvage value useful life 5,000 10,000 3 years 6 years