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If you want, I just need the question that says Compute the annual rate of return for each project I tried Project Red: 45.45% Project

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If you want, I just need the question that says "Compute the annual rate of return for each project"

I tried Project Red: 45.45% Project Blue: 75.00% and they were wrong, so pls help

Savanna Company is considering two capital investment proposals. Relevant data on each project are as follows: Depreciation is computed by the straight-line method with no salvage value. Savanna requires an 8% rate of return on all new investments. The present value of 1 for 8 periods at 8% is .540 and the present value of an annuity of 1 for 8 periods is 5.747 . Compute the cash payback period for each project. (Round answers to 1 decimal places, eg. 15.2.) eTextbook and Media Compute the net present value for each project. Compute the net present value for each project. Compute the annual rate of return for each project. (Round answers to 1 decimal places, eg. 15.2.) Which project should Savanna select

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