28. (7 points) Project A will cost $85,000 and is expected to have an annual cash flow of $25,000. Project B will cost $45,000 and should generate cash flows of $17,000 per year.

Using the payback period method, which is a better project? Show your work.

29. (7 points) Use an Excel (or equivalent) spreadsheet to find the NPV for this cash flow.

A three-year financial project has net cash flows (money that comes in to you) of $10,000; $12,500; and $25,000 in the next 3 years. It will cost you $30,000 to get the project started. If the required rate of return is 0.15, what is the NPV?

30. (7 points) Assume there are 4 members of your project team (including you). There are 5 activities in your WBS (Activities A, B, C, D and E). In the template below, create a RACI matrix. You can make up the data in the table, but make sure you apply the rules for a RACI matrix regarding assignments of Rs, As, Cs, and Is.

31. (1 point) Egypt is where one of the great projects was built, over 4500 years ago. Egypt is on what continent?