1. Explain any three types of numerical and the other three types of non-numerical project selection criteria
2. If two projects Project A and Project B require an initial investment of 5,000Tzs. Project A generates an annual cash inflow of I,000Tzs for 5 years whereas project B generates a cash inflow of 1,000 Tzs for 7 years, Using the payback period method which project do you consider desirable for investing, and why
3. A calculate the net present value of a project which requires an initial investment of 323.000 and n is expected to generates cash inflow of S30.600 each month for 12 months. Assume that the Salvage value of the project is Zero. The target rate of return is 12% per annum, is the project appropriate for Investment?