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Based on NPV , which of the following investments is a better choice? Explain why. Assume a discount rate of 1 0 % . Investment

Based on NPV, which of the following investments is a better choice? Explain why. Assume a discount rate of 10%.
Investment A Investment B
Initial Investment $60,000 $80,000
Net Cash Flows
Yr 1 $20,000 $20,000
Yr 2 $25,000 $25,000
Yr 3 $30,000 $45,000
Yr 4 $25,000 $35,000

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