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Faleye Consulting is deciding which of two computer systems to purchase. It can purchase state-of-the-art equipment (System A) for an after-tax cost of $20,000, which

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Faleye Consulting is deciding which of two computer systems to purchase. It can purchase state-of-the-art equipment (System A) for an after-tax cost of \$20,000, which will generate after-tax cash flows of $9,000 at the end of each of the next 6 years. Alternatively, the cornpany can purchase equilment with an after-tax cost of $14,000 that ean be used for 3 years and will generate after-tax cash flows of 59,000 at the end of each year (System B). If the company's Wace is 5% and both "Drojects" can be repeated indefinitely, which system should be chosen, and what is its EAA? Do not round intermedlate calculations. Round your ariwer to the nearest cent. choote Project whose EAA =1

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