Indigo Company has hired a consultant to propose a way to increase the company's revenues. The consultant has evaluated two mutually exclusive projects with the following information provided for each: Capital investment Annual cash flows Estimated useful life Project Turtle $1,210,000 201,000 10 years Project Snake $730,000 126,000 10 years Indigo Company uses a discount rate of 9% to evaluate both projects.

Indigo Company has hired a conisultant to propose a way to increase the company's revenues. The consultant has evaluated two mutually exclusive projects with the following information provided for each: Indigo Company uses a discount rate of 9% to evaluate both projects