1 Question 35. (12 points): 3 Calculate the net present value for projects A & B using the worksheets below. 4 Indicate whether each project should be accepted or rejected. Project Project B $400,000 4 years 8 Cost 9 Expected life 10 Expected residual value $770,000 4 years $0 12 Minimum rate of return: 12% Project A Net Net Income Cash Flow Project B Net Income Cash Flow 16 Expected returns $250,000 Year 1 Year 2 Year 3 Year 4 $20,000 30,000 70,000 64,000 $100,000 140,000 170,000 150,000 $80,000 80,000 80,000 80,000 250,000 250,000 250,000 Net Present Value - Project A ear Present Cash Flow PV Factor Value M ANN TITAN Question 33 Question 34 Question 35