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A company has $30, 000 to invest. It must decide between two alternative uses for the funds as follows: The company's discount rate is 12%.

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A company has $30, 000 to invest. It must decide between two alternative uses for the funds as follows: The company's discount rate is 12%. Click here to view Exhibit 11B-1 and Exhibit 11B-2, to determine the appropriate discount factor(s) using tables. a. Determine the net present values. (Any cash outflows should be indicated by a minus sign. Use the appropriate table to determine the discount factor(s). When you enter a factor, use a whole number followed by 3 decimal places, for example: 0.123 or 3.456.) b. Which alternative would you recommend that the company accept? Project 1 Project 2

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