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Apple Company is considering two investment projects. Project A requires an initial investment of $50,000 and is expected to generate annual cash flows of $15,000

Apple Company is considering two investment projects. Project A requires an initial investment of $50,000 and is expected to generate annual cash flows of $15,000 for the next five years. Project B requires an initial investment of $70,000 and is expected to generate annual cash flows of $20,000 for the next five years.

 Calculate the Net Present Value (NPV) of each project assuming a discount rate of 10%..

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