Question: Please don't use Excel Please use formula equations to solve this one not a picture Thanks! Consider the cash flow data in the Table below

 Please don't use Excel Please use formula equations to solve this

Please don't use Excel

Please use formula equations to solve this one not a picture

Thanks!

Consider the cash flow data in the Table below for two competing investment projects. At i 15 %, which of the two projects would be a better choice? Project A Project B EOY CF CF -$1,200 -$1,200.00 0 -$1,300 -$660.00 1 -$435 $820.00 2 $920.00 $975 $1280 $975 4 $1880 $1,475 5 $1,775 $1,600.00 6 $1775 $1880.00 7 $675 $780.00 8 $375 $380.00 9 $760 $950.00 10 Note: Do not use Excel, Use interest factors and show all calculations to receive credit

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