Use the NPV method to determine whether EFGhee Products should invest in the following projects:

Project A: Costs $$300,000$ and offers $8$ annual net cash inflows of $$52,000.$ EfGhee Products requires an annual return of $14\%$ on investments of this nature.

Project B: Costs $$300,000$ and offers $9$ annual net cash inflows of $$78,000.$ EfGhee Products demands an annual return of $12\%$ on investments of this nature

Read the requirements.

View Present Value of $$1$ table.

Present Value of Ordinary Annuity of $$1$ table. Caclulate the NPV $($net present value$)$ of each project. Begin by calculating the NPV of Project A$.$

$\backslash$table$[[\backslash$table$[[$Project A:$],[$Years$]],,\backslash$table$[[$Net Cash$],[$Inflow$]],\backslash$table$[[$Annuity PV Factor$],[)=14\%,n=(8$