Question: You are asked to evaluate the following two projects for the Norton corporation. Use a discount rate of 1 3 percent. Use Appendix B for

You are asked to evaluate the following two projects for the Norton corporation. Use a discount rate of 13 percent. Use Appendix B for an approximate answer but calculate your final answer using the formula and financial calculator methods.
\table[[Project X (Videotapes of,Project Y (Slow-Motion,,],[the Weather Report),Replays of Commercials),,],[\table[[($18,000],[Investment)]], Investment),,],[Year,Cash Flow,Year,Cash Flow],[1,$9,000,1,$19,000
 You are asked to evaluate the following two projects for the

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