A company is evaluating two mutually exclusive projects in which to invest. Project A needs an investment of $300,000 and will deliver $160,000 in annual profits during its 8 years life. Project B needs an investment of $400,000 and will deliver $210,000 in annual profits during its 6 years life. Considering a Study Period of 6 years, and that project A can be sold for $200,000 at the end of the 6^th year (because it will still have 2 years of productive life):

a) Type a table with the cash flows of projects A and B with the appropriate study period in order to compare them.

b)With the information of the previous question: Decide which project is more convenient, using Net Present Value using and a MARR of 12% per year. (Include calculation procedure using Interest factor notation)