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

Project A: Costs $$280,000$ and offers $7$ annual net cash inflows of $$62,000.$ EyeJay Products requires an annual return of $14\%$ on investments of this nature.

Project B: Costs $$390,000$ and offers $10$ annual net cash inflows of $$70,000.$ EyeJay 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.

present value.$)$

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$],[)=14\%,n=(7$