Question: Show work in excel with formulas please Compare the following projects using the NPV method and the EAA method if the cost of capital is

Show work in excel with formulas please

Compare the following projects using the NPV method and the EAA method if the cost of capital is 18%.

Year

Project A

Project B

0

($500,000)

($500,000)

1

$175,000

$155,000

2

$225,000

$155,000

3

$300,000

$155,000

4

$200,000

$155,000

5

$155,000

6

$155,000

7

$155,000

8

$155,000

Use the information given in problem 5 to replicate Project A and compute the NPV of the new project that lasts for 8 years.

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