Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin

Exercise 34

The independent projects shown below are under consideration for possible implementation by Renishaw Inc. of Hoffman Estates, Rhode Island. If the company's MARR is 14% per year and it uses the IROR method of capital budgeting, the projects it should select under a budget limitation of $105,000 are:
a) A, B, and C
b) A, B, and D
c) B, C, and D
d) A, C, and D