Use an appropriate analysis technique of your choosing to
evaluate the following three mutually exclusive projects each
lasting 6 years. Which project should be selected if MARR = 6%.
Project 1 involves an initial cost of $300,000 and annual costs
of $50,000. The project will generate annual revenues of $110,000.
At the end of year 6, the project will have a salvage value of
$25,000.
Project 2 will require an initial investment of $150,000 and
annual costs of $25,000. There...