Question:

Using my data/answer, write a business memo (2 pages long) summarizing and justifying why it is better for company NPB to invest in corn or algae to produce biofuel. Use the annual value, present value, and rate of return that I've provided as your main talking points.

Net Present Value - NPV (corn)	$60,537,903.75
Net Present Value - NPV(algae)	$ 60,506,917.34
Annual Worth - AW(corn)	$10,842,971.58
Annual Worth - Aw(algae)	$10,837,421.59
Rate of Return - IRR(corn)	19%
Rate of Return - IRR(algae)	15%

	Corn	Algae
Land Cost	$ 1,900,000.00	$ 3,800,000.00
Cost of Facility	$ 5,300,000.00	$ 7,100,000.00
Annual O&E	$ 2,450,000.00	$ 2,800,000.00
Materials	$ 1,500,000.00	$ 250,000.00
Salvage Value	$ 3,000,000.00	$ 2,600,000.00

(CREATE A BUISNESS MEMO, DO NOT RE-SOLVE THE QUESTION)