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

Project A: Costs $$350,000$ and offers $7$ annual net cash inflows of $$58,000.$ EyeJay Products requires an annual return of $12\%$ on investments of this nature.

Project B: Costs $$350,000$ and offers $10$ annual net cash inflows of $$79,000.$ EyeJay Products demands an annual return of $10\%$ on investments of this natur

Read the requirements.

View Present Value of $$1$ table.

Present Value of Ordinary Annuity of $$1$ table

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

Project A: Costs $$350,000$ and offers $7$ annual net cash inflows of $$58,000.$ EyeJay Products requires an annual return of $12\%$ on investments of this nature.

Project B: Costs $$350,000$ and offers $10$ annual net cash inflows of $$79,000.$ EyeJay Products demands an annual return of $10\%$ on investments of this nature.

Read the requirements.

View Present Value of $$1$ table.

Present Value of Ordinary Annuity of $$1$ table.

Requirement $1.$ What is the NPV of each project? Assume neither project has a residual value. Round to two decim

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$],[(i=12\%,n=7)]],\backslash$table$[[$Present$],[$Value$]]],[1-7,$Present value of annuity,,II$,],[0,$tment,,,$],[,$Net present value of Project $A,,,1_{?}$