LAERS S ILLOI- poyless-dise Project A Project B HEY This project requires an initial investment of $170,000. The project will have a life of 3 years. Annual revenues associated with the project will be $130,000 and expenses associated with the project will be $35,000. This project requires an initial investment of $137,500. The project will have a life of 5 years. Annual revenues associated with the project will be $113,000 and expenses associated with the project will be $60,000. Calculate the net present value and the present value index for each project using the present value tables provided below. Present Value of $1 (a single sum) at Compound Interest. Present Value of an Annuity of $1 at Compound Interest. Note: Use a minus sign to indicate a negative NPV. If an amount is zero, enter "0". Enter the present value index to 2 decimals. Project A Project B Total present value of net cash flow Amount to be invested 137,500 170,000 Net present value Present value index: Next Check My Work Email Instructor Save and Exit Submit Assignment for Grading All work saved