Question 1 (10 points): The packaging company wants to build a warehouse in Connecticut. An engineer has identified four different location options. The initial cost and annual cash flow estimates are shown in the table below for each location. Initial cost Annual savings from year 1 Savings increased each year by Life, years Location A 100K 11K 15% starting year 2 15 Location B Location C Location D 150K 95K 175K 16K 10K till year 5 21 till year 3 1K starting year 2 1.5K starting year 6 10% starting year 4 20 20 30 a) If the options are independent and MARR is 15%, which should be selected? Justify answer using ROR. b) If the options are mutually exclusive and MARR is 15%, which should be selected? Just answer using ROR. c) If MARR is 22%, which should be selected if they are independent options? d) If MARR is 22%, which should be selected if they are mutually exclusive? Question 1 (10 points): The packaging company wants to build a warehouse in Connecticut. An engineer has identified four different location options. The initial cost and annual cash flow estimates are shown in the table below for each location. Initial cost Annual savings from year 1 Savings increased each year by Life, years Location A 100K 11K 15% starting year 2 15 Location B Location C Location D 150K 95K 175K 16K 10K till year 5 21 till year 3 1K starting year 2 1.5K starting year 6 10% starting year 4 20 20 30 a) If the options are independent and MARR is 15%, which should be selected? Justify answer using ROR. b) If the options are mutually exclusive and MARR is 15%, which should be selected? Just answer using ROR. c) If MARR is 22%, which should be selected if they are independent options? d) If MARR is 22%, which should be selected if they are mutually exclusive