Project A requires an original investment of $65,000. The project will yeild cash flows of $15,000 per year for seven years. Project B has a calculated net present value of $5,500 over a five year life. Project a could be sold at the end of five years for a price of $30,000.

Using the proper table below determine the net present value of Project A over a five-year life salvage value assuming a minimum rate of return of 12%. Which is project provides the greatest net present value? Please show calculations