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Following three projects are contingent: Project A - 5 , 0 0 0 Project B - 6 , 0 0 0 Project C - 7

Following three projects are contingent:
Project A
-5,000
Project B
-6,000
Project C
-7,000
3,500
2,500
1,500
2,000
2,000
1,500
2,000
3,000
1,500
1,500
2,000
2,500
The highest financing rate to accept all projects is_
(a)14.90%
(b)17.71%
(c)15.92%
(d)14.92%

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