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For both projects shown in the table below, determine the Net Present Worth (NPW) with 4.5% MARR, Internal Rate of Return (IRR) and simple payback

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For both projects shown in the table below, determine the Net Present Worth (NPW) with 4.5% MARR, Internal Rate of Return (IRR) and simple payback period. Using the calculated values evaluate which project is a better investment. Projects Project A Project B RM Costs Income Costs Income 0 50,000 20,000 1 Year 2 10,000 15,000 3 4 12,000 35,000 9,000 10,500 11,000 15,500 16,500 14,000 5 15,000

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