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Lithium, Inc. is onsidering two mutually exclusive projects, A and B. Project A costs $95,000 and is expected to generate $65,000 in year one and

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Lithium, Inc. is onsidering two mutually exclusive projects, A and B. Project A costs $95,000 and is expected to generate $65,000 in year one and $75,000 in year two. Project B costs $120,000 and is expected to generate $64,000 in year one. $67,000 in year two, $56.000 in year three, and $45,000 in year four Lithium, nc of return for these projects is 10%. The equivalent annual annuity amount for project A is 's required rate

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