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Based on the following information for 5 mutually exclusive projects (A, B, C, D, and E), which project should we select if our MARR=9%? Project

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Based on the following information for 5 mutually exclusive projects (A, B, C, D, and E), which project should we select if our MARR=9%? Project A: Initial Cost: $100,000. Annual Return(Benefits): $74,000. Project Life: 7 years, no salvage value at the end of life. Project B: Initial Cost: $100,000. Annual Return(Benefits): $76,000. Project Life: 6 years, no salvage value at the end of life. Project C: Initial Cost: $100,000. Annual Return(Benefits): $70,000. Project Life: 9 years, no salvage value at the end of life. Project D: Initial Cost: $100,000. Annual Return(Benefits): $74,000. Project Life: 8 years, no salvage value at the end of life. Project E: Initial Cost: $100,000. Annual Return(Benefits): $66,000. Project Life: 10 years, no salvage value at the end of life. Project A Project B Project C Project D Project E

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