Use the NPV method to determine whether

TeeJayTeeJay

Products should invest in the following$$ projects:

bullet$$

Project

A$$:

Costs

$ $260$ comma $000$$$260,000$

and offers

$77$

annual net cash inflows of

$ $57$ comma $000$$$57,000.$

TeeJayTeeJay

Products requires an annual return of

$1616\%$

on investments of this nature.

bullet$$

Project

B$$:

Costs

$ $375$ comma $000$$$375,000$

and offers

$1010$

annual net cash inflows of

$ $75$ comma $000$$$75,000.$

TeeJayTeeJay

Products demands an annual return of

$1414\%$

on investments of this nature