$($iii$)$ Projects A and B are competing for funds. With an original

investment of $1,000$ and returns given in Table Q$3,$ determine using

appropriate project financing evaluation techniques whether the company

PTO

$5$

should choose projects A or B$?$ Provide calculations to justify your

recommendation. Use $10\%$ discount rate in your calculations.

Table Q$3$ Table of project returns

Project A Project B

Year $12000$

Year $25000$

Year $3400700$

Year $40700$

Year $5500500$

$[7$ mark