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With a maximum budget of $1,760,000, which of the following independent projects should Mitselfik, Inc. invest in? The MARR is 10% and the lift is

With a maximum budget of $1,760,000, which of the following independent projects should Mitselfik, Inc. invest in? The MARR is 10% and the lift is 10 years. (Show your work!!)

Project Initial Capital Annual Net Cash Income
A $500,000 $90,000
B $650,000 $110,000
C $700,000 $115,000
D $600,000 $105,000

A

B

C

D

AB

AC

AD

BC

BD

CD

ABC

ABD

ACD

BCD

ABCD

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