Consider the following projects: Project A has a cost of 75 anduniform annual benefit of 18.8; Project B has a cost of 50 anduniform annual benefit of 13.9; Project C has a cost of 15 anduniform annual benefit of 4.5; Project D has a cost of 90 anduniform annual benefit of 23.8. Using a 5-year analysis with MARR =10%, which project should be selected using the payback period.

Group of answer choices

Project A

Project D

Project B

Project C

7.

MARR stands for “Minimum Attractive Rate of Return”.

Group of answer choices

True

False