PLEASE Use excel to solve this and please show all the formulas used.

Question 2 (25 points): Consider the following mutually exclusive projects that have unequal life times. Assume 10% for minimum rate of return (i* = 10%). Using NPV and ROR analysis conclude which project is better to invest. Your answer should include incremental analysis for both NPV and ROR. Project A: 1=20,000 I=20,000 C=-75,000 1=20,000 1=20,000 Year 0 1 2 C: Cost, I: Income, L: Salvage Value 1=20,000 3 I=20,000 6 L=$50,000 5 Page 1 of 2 Project B: C=-150,000 1=60,000 I=60,000 I=60,000 I=60,000 L=$25,000 Year 0 1 2 3 4 C: Cost, I: Income, L: Salvage Value