V3

Three public-investment alternatives with the same service life are available: A1, A2 & A3. Their respective total benefits, total costs, and initial costs are given in present worth as follows: Determine the most cost effective option (if any) and rank the options from most to least cost effective. Please upload your work on the written portion submittal created under the assignment problems. EC (3 Pts): Is it okay to use Present worth (instead of annual worth) to determine B/C ratios for this problem? Justify your answer by providing a reasoning