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

times

Project A costs $ $270$ comma $000$ and offers eight annual net cash inflows of $ $60$ comma $000.$ Smith Products requires an annual return of $12\%$ on projects like A$.$

times

Project B costs $ $375$ comma $000$ and offers ten annual net cash inflows of $ $68$ comma $000.$ Smith Products demands an annual return of $14\%$ on investments of this nature.