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2. Project A will cost $100,000 and requires working capital of $20,000. Annual revenue of $21,000 and expenses of $5,000 for five years. In the

2. Project A will cost $100,000 and requires working capital of $20,000. Annual revenue of $21,000 and expenses of $5,000 for five years. In the fifth year, there will be a salvage value of $8,000. Should the project be accepted with a discounted rate of 14%? Annuity rate 2.91371; Single-factor rate .51937.

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