#3

Net Present Value Method, Internal Rate of Return Method, and Analysis The management of Advanced Alternative Power Inc, is considering two capital investment projects. The estimated net cash flows from each project are as follows: Present Value of an Annuity of $1 at Compound Interest The wind turbines require an investment of $776,700, while the biofuel equipment requires an investment of $1,713,000. No residual value is expected from either project. The wina surbines require an ifvestment of $776,700, while the biofuei equipment requires an investment of $1,713,000. No residual walue is expected from eicher sroject. Mequired: the nearest whole doltar