An example on the PW, FW, AW, IRR, and B/C
1) Assuming that MARR=12%, rank these alternatives using a) present worth method, b) future worth method, c) annual worth method. Analyze the result obtained using different methods of ranking. 2) Assuming that MARR=5%, rank these alternatives using present worth method. Compare this ranking with the one in part (1). ................
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