Due to an expanded growth in a city, new waste capacity is needed. A new truck is evaluated to replace the presently owned. The interest rate is 8% Present value = $62.000 Annual cost = $12.500 Annual savings = $31,000 Salvage value = $7, 200 Life in years = 8 a. B/C = 1.95 b. B/C = 1.45 c. B/C = 0.51 d. B/C = 0.69