Project A requires an original investment of $$50,000.$ The project will yield cash flows of $$15,000$ per year for $7$ years. Project B has a computed net present value of $$13,500$ over a $4-$year life. Project A could be sold at the end of $4$ years for $$25,000.($a$)$ Using the present value tables that follow, determine the net present value of Project A over a $4$year life with salvage value assuming a minimum rate of return of $12\%.($b$)$ Which project provides the greatest net present value?

Use Table A in your text to compute Present values.

Present Value of $$1$ at Compound Interest

$\backslash$table$[[$Year$,6\%,10\%,12\%,15\%,20\%$