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You are performing economic analysis of the project ( life span of 2 0 years ) , which have three alternatives ( Table below )

You are performing economic analysis of the project (life span of 20 years), which have three alternatives (Table below). Assume benefits for each alternative are equal. Select the best alternative considering interest rate of 6%(20 points).
\table[[,Construction cost ($)],[Years,Project I,Project II,Project III],[0,3000,2000,1000],[10,0,0,1000],[20,0,1000,1000],[,O & M cost ($)],[0 to 10,1000,1200,1200],[10 to 20,1200,1300,1500]]
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