This is information technology related. Please help with this question.

You are given the following information from 2 different project proposals. Perform a Net Present Value Analysis where the interest rate is 5%. Show or attach work for partial credit.

Project A will give you benefits of $12,000 per year for 3 years and will cost you $25,000 initially to develop it and $1,000 each year to maintain.

Project B will give you benefits of $25,000 per year for 3 years and will cost you $55,000 initially to develop it and $1,000 each year to maintain.

Present Value for Project A:

Present Value for Project B: