In a particular situation, four mutually exclusive alternatives are being considered. Each of the alternatives costs $1300 and has no salvage value after a 10-year life.
![2258_exclusive alternatives are being considered.png](https://secure.tutorsglobe.com/CMSImages/2258_exclusive alternatives are being considered.png)
(a) Construct a choice table for interest rates from 0% to 100%.
(b) If the MARR is 8%, which alternative should be selected?