Evaluate two investment projects using the net present value (NPV) method. Project A requires an initial investment of $15,000,000 and generates cash flows of $5,000,000 annually for five years. Project B requires an initial investment of $20,000,000 and generates cash flows of $7,000,000 annually for five years. The discount rate is 12%.

Project	Initial Investment	Cash Flows (Annual)	NPV
Project A	$15,000,000
Project B	$20,000,000