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Given the following cash flows for two mutually exclusive projects, and a required rate of return of 12%, what is the EAA for Project A?

Given the following cash flows for two mutually exclusive projects, and a required rate of return of 12%, what is the EAA for Project A?

Year

Project A

Project B

0

-300,000

-300,000

1

150,000

70,000

2

150,000

70,000

3

80,000

120,000

4

80,000

120,000

5

120,000

6

60,000

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