parts 1-3

Smith Products is trying to decide which of the following projects to invest in: - Project A costs $265,000 and offers eight annual net cash inflows of $59,000. - Project B costs $390,000 and offers ten annual net cash inflows of $68,000. Compute the IRR of each project and use this information to identify the better investment. (Click the icon to view the present value annuity table.) (Click the icon to view the present value table.) (Click the icon to view the future value annuity table.) (Click the icon to view the future value table.) First, compute the IRR of each project. The IRR for Project A is Reference Reference Present Value of $1 Reference