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  3. 3 based on the following costs from a retrospective analysis...

Question: 3 based on the following costs from a retrospective analysis...

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3. Based on the following costs from a retrospective analysis, what is the 2013 value for the three alternatives using a medical consumer price index (MCPI) inflation rate of 3.5% per year? Year Alternative 1 costs ($) Alternative 2 costs ($) Alternative 3 costs ($) 2011 30,000 15,000 20,000 2013 20,000 25,000 20,000 2010 10,000 15,000 2012 30,000 25,000 20,000

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