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n Question 4 0.5 pts After calculating the Equivalent Annual Annuity... Type the equivalent-annual-annuity of the project you would choose (A or B)?.... Assume the
n Question 4 0.5 pts After calculating the Equivalent Annual Annuity... Type the equivalent-annual-annuity of the project you would choose (A or B)?.... Assume the discount rate is 5%. Year Project A Project B 0 $(138,864) $(158,982) 1 $57,400 $90,426 2 $69,766 $71,438 $40,703 $44,400 5 $78,631 ***Hint: Use five years for Project A and two years for Project B as the life of the EAA (Assumption: Projects are renewable indefinitely). Round your answer to the nearest two decimals if needed. Do not type the $ symbol. 3 4
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