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Three mutually exclusive alternative public-works project are currently under consideration. Their respective costs and benefits are included in the table that follows: A B C

Three mutually exclusive alternative public-works project are currently under consideration. Their respective costs and benefits are included in the table that follows: A B C Capital investment RM8 500 000 RM10 000 000 RM12 000 000 Annual operating and maintenance costs 750 000 725 000 700 000 Market value 1 250 000 1 750 000 2 000 000 Annual benefit 2 150 000 2 265 000 2 500 000 Each of the projects has a useful life of 50 years, and MARR is 10% per year. Which, if any, of these projects should be selected?

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