If each of the following four mutually exclusive alternatives has 8 years of useful life, which one should be selected based on ROR if MARR = 8%?
A | B | C | D | |
First Cost | $600 | $500 | $965 | $800 |
Annual Benefit | $100 | $120 | $130 | $110 |
Salvage Value | $375 | $40 | $800 | $747 |