Question: A company is considering two projects, Project A and Project B, with initial investments of $500,000 and $750,000, respectively. Project A has an expected cash

A company is considering two projects, Project A and Project B, with initial investments of $500,000 and $750,000, respectively. Project A has an expected cash inflow of $300,000 per year for 5 years, while Project B has an expected cash inflow of $400,000 per year for 7 years. Which project should the company choose based on the net present value (NPV) method?

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