Question: on 0 Question 3 0.5 pts Can you calculate the equivalent annual annuity of Project B?.... Assume the discount rate is 5%. Year Project A

on 0 Question 3 0.5 pts Can you calculate the equivalent annual annuity of Project B?.... Assume the discount rate is 5%. Year Project A Project B 0 $(153,584) $(113,053) 1 $12,599 $95,587 2 $28,724 $64,653 $58,795 $95,734 $43,166 5 $28,209 6 $11,919 ***Use three years (life of Project B) as the life of the EAA. Round your answer to the nearest two decimals if needed. Do not type the $ symbol. 3 4

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