ill rate

35) For the following projects calculate the Annualized Net Present Value. The initial cost of both projects is $30,000 and they have the following cash flows. The cost of capital is 10%. Based on the ANPV which project should be selected? A B Year Cash Flow Cash Flow 0 -$30,000 -$30,000 1 $15,000 $14,000 2 $10,000 $18,000 3 $ 16,000 $24,000 4 $19,000