Using the NPV method (Net Present Value), Please use a 10% discount rate.

Define the technique.

Discuss the difference between this method and the pay back and discounted pay back method.

Use a 10% discount rate.

Remember to carry out your answers at least two decimal places.

Year	Project A	Project B	Project C
2018	($3,000,000)	($3,000,000)	($3,200,000)
2019	$0	$975,000	$985,000
2020	$600,000	$975,000	$925,000
2021	$900,000	$975,000	$1,000,000
2022	$3,000,000	$1,000,000	$950,000