Given The Following Data

given the following data. use present worth analysis to find the best alternative, A, B, or C.

Use an analysis period of 12 years and 15% interest.

A B C

Initial cost $10,000 15,000 $12,000

Annual Benefit 6,000 10,000 5,000

Salvage benefit 1,000 -2,000 3,000

Useful life 2 years 3 years 4 years

* Use an analysis period of 12 years and 15% interest.

solve using both present worth analysis and annual worth analysis