Question: Tempura, Inc., is considering two projects. Project A requires an investment of $ 70,000. Estimated annual receipts for 20 years are $ 25,000; estimated annual

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

Tempura, Inc., is considering two projects. Project A requires an investment of $ 70,000. Estimated annual receipts for 20 years are $ 25,000; estimated annual costs are $12,500. An alternative project, B, requires an investment of $ 63,000, has annual receipts for 20 years of $ 29,000, and has annual costs of $18,000. Assume both projects have a zero salvage value and that MARR is 11.5 %/year. Click here to access the TVM Factor Table Calculator Part a What is the present worth of each project? Project A: $ Project B: $

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