Question: Tempura, Inc., is considering two projects. Project A requires an investment of $38,000. Estimated annual receipts for 20 years are $20,000; estimated annual costs are

 Tempura, Inc., is considering two projects. Project A requires an investment

Tempura, Inc., is considering two projects. Project A requires an investment of $38,000. Estimated annual receipts for 20 years are $20,000; estimated annual costs are $12,500. An alternative project, B, requires an investment of $69,000, has annual receipts for 20 years of $23,000, and has annual costs of $18,000. Assume both projects have a zero salvage value and that MARR is 9.0 %/year. Click here to access the TVM Factor Table Calculator What is the present worth of each project? Project A: $. Project B: $ Carry all interim calculations to 5 decimal places and then round your final answer to the nearest dollar. The tolerance is $20. Which project should be recommended

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