The New York downtown is planning to develop a piece of land andthree mutually exclusive projects were proposed. A playground with4 years of project life, a swimming pool with 5 years of projectlife and a volleyball court with 6 years of project life. All threeprojects each have initial capital costs of $200 and annual netbenefits of $140, $120, $110 respectively. Assuming a 10% cost ofcapital, how would you rank them?
Excel format would be the best
