A.

Compute the NPV statistic for Project U if the appropriate cost of capital is 11 percent. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your final answer to 2 decimal places.)

Project U
Time:	0	1	2	3	4	5
Cash flow:	$1,400	$510	$1,880	$600	$460	$180

B.

Compute the NPV for Project K if the appropriate cost of capital is 5 percent. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your final answer to 2 decimal places.)

Project K
Time:	0	1	2	3	4	5
Cash flow:	$11,100	$5,550	$6,550	$6,550	$5,550	$11,100