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Question 3) Consider the following two mutually exclusive investment projects: Project Cash Flows $4,000 $400 $7,000 $8,500 $11,500 $400 Assume that the MARR 15% (a)

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Question 3) Consider the following two mutually exclusive investment projects: Project Cash Flows $4,000 $400 $7,000 $8,500 $11,500 $400 Assume that the MARR 15% (a) Using the NPW criterion, which project would you select? (b) On the same chart, sketch the PW( function for each alternative for 0% and 50%. For what range of i would you prefer Project B

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