Problem $8-31$ Mutually Exclusive Investments $($LO$5)$

Here are the cash$-$flow forecasts for two mutually exclusive projects:

a$-1.$ What is the NPV of each project if the opportunity cost of capital is $2\%?$

Note: Do not round intermediate calculations. Round your answers to $2$ decimal places. a$-2.$ Which project would you choose?

b$-1.$ What is the NPV of each project if the opportunity cost of capital is $10\%?$

Note: Do not round intermediate calculations. Round your answers to $2$ decimal places. b$-2.$ Which would you choose?

$\backslash$table$[[,$Project A$],[$a$-1.$ NPV of each project if the opportunity cost of capital is $2\%,],[$a$-2.$ Which project would you choose?,$],[$b$-1.$ NPV of each project if the opportunity cost of capital is $10\%,],[$b$-2.$ Which would you choose?,$]]$