Compare the projects below using future worth analysis at I = 12% per year Project A Project B First cost, $ ($65,000) ($75,000) Annual cost, $/year ($8,500) ($12,000) Salvage value, $ $7,000 $6,000 Life, years 4 8 a) What is the Future Worth for Project A? b) What is the Future Worth for Project B? c) Based on the Future Worth at I = 12%, which Project would you select? in excel

Answer rating: 100% (QA)

To calculate the Future Worth for each project we use the formula FW P APA ... View the full answer