PS: the answer e) is None of the above.

The owner of a seniors' residence is planning the purchase an electrical generator to minimize the discomfort due to electrical power outages. The key parameters of the three advertising campaigns are provided below Project Parameters Gamma 800,000 Beta 700,000 600,000 at EOY1 770,000 at EOY1 900,000 at EOY1 decreasing by 2% | increasing by | increasing by 1% 5,000 annually thereafter 400,000 at EOY1 572,000 at EOY1 640,000 at EOY1 1. Initial Cost (S) 600,000 annually thereafter annually thereafter 2. Revenues () increasing by increasing by increasing by 4,000 annually thereafter 3. Operating Costs 4. End-of-life salvage 5. Useful life (vears 40,000 annually 1% annually thereafter thereafter 10,000 10 15,000 value ($) 5 Industry Standard = 4 years MARR = 10%