Consider two projects with the following cash flow:

year	project A	project b
1	800	960
2	820	900
3	900	820
4	960	900

Indicate whether each statement is TRUE or FALSE:

(T/F) At 10% per year, both Projects have cash flow equivalent to an annuity that gives 880 per year.

(T/F) Given a positive interest rate, the future value of Project B is higher than that of Project A.

(T/F) If the payback period method rejects Project A, it would also reject Project B.

(T/F) If the payback period method accepts Project B, it would also accept Project A.

(T/F) Given a positive interest rate, the future value of Project B is higher than Project A but the present value of Project A is higher than Project B.