Project A requires an original investment of $50,900. The project will yield cash flows of $14,800 per year for 4 years. Project B has a computed net present value of $2,910 over a 4-year life. Project A could be sold at the end of 4 years for a price of $14,500. Following is a table for the present value of $1 at compound interest: Year 6% 10% 12% 0.909 0.893 NH 0.943 0.890 0.797 0.840 0.751 0.792 0.747 0.683 0.621 0.712 0.636 0.567 U Following is a table for the present value of an annuity of $1 at compound interest: Year 6% 0.943 1.833 u AWN 10% 0.909 1.736 2.487 3.170 3.791 12% 0.893 1.690 2.402 3.037 3.605 2.673 3.465 4.212 Use the tables above. Previous Next 2.487 2.402 2.673 3.465 4.212 3.170 3.037 3.791 3.605 Use the tables above. a. Determine the net present value of Project A over a 4-year life with salvage value assuming a minimum rate of return of 12%. Round your answer to two decimal places. $ 5,937.60 b. Which project provides the greatest net present value? Project A Previous Next Suit Tort for