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and The present worth of project C is $( ) ?Which one is better choice? Consider each of the after-tax cash flows shown in the

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and The present worth of project C is $( )

?Which one is better choice?

Consider each of the after-tax cash flows shown in the table below. Suppose that projects B and C are mutually exclusive. Suppose also that the required service period is eight years and that the company is considering leasing comparable equipment with an annual lease expense of $3,000. payable at the end of each year for the remaining years of the required service period. Which project is a better choice at 15%? The present worth of project B is $ thousand

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