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Project A 210,000=15000/1.0x+30000/1.0x^2+30000/1.0x^3+370,000/1.0x^4 IRR=22.97% Project B 21000=11000/1.0x+9000/1.0x^2+11000/1.0x^3+9000/1.0x^4 IRR=32.73% Which project(s) will you choose? Explain

Project A

210,000=15000/1.0x+30000/1.0x^2+30000/1.0x^3+370,000/1.0x^4

IRR=22.97%

Project B

21000=11000/1.0x+9000/1.0x^2+11000/1.0x^3+9000/1.0x^4

IRR=32.73%

Which project(s) will you choose?

Explain

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