Question: a . Determine the net present value of Project 1 over a five - year life with residual value, assuming a minimum rate of return

a. Determine the net present value of Project 1 over a five-year life with residual value, assuming a minimum rate of return of 10%. If required, round to the nearest dollar.
b. Which project provides the greatest net present value?
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a . Determine the net present value of Project 1

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