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Tempura Inc, is considering two projects, and must do one of them. Project A requires an investment of $68, 000. Estimated annual receipts for 20
Tempura Inc, is considering two projects, and must do one of them. Project A requires an investment of $68, 000. Estimated annual receipts for 20 years are $23, 000; estimated annual costs are $l2, 500. An alternative project, B, requires an investment of $83, 000, has annual receipts for 20 years of $29, 000, and has annual costs of $18, 000. Assume both projects have a zero salvage value and that MARR is 14.0%/year. What is the future worth of each projects
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