Question: 3. Use the net present value to determine whether IET Inc. should invest in the following projects: - Project A: Costs $590,000 and offers 8

3. Use the net present value to determine whether
3. Use the net present value to determine whether IET Inc. should invest in the following projects: - Project A: Costs $590,000 and offers 8 annual net cash inflows of $130,000. IET Inc. demands an annual return of 14% on projects like A - Project B: Costs $870,000 and offers 9 annual net cash inflows of $160,000. IET Inc. requires an annual return of 12% on projects like B

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