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Tempura, Inc., is considering two projects. Project Arequires an investment of $50,000. Estimated annual receipts for 20 years are $25,000; estimated annual costs are $12,500.

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Tempura, Inc., is considering two projects. Project Arequires an investment of $50,000. Estimated annual receipts for 20 years are $25,000; estimated annual costs are $12,500. An alternative project, B, requires an investment of $67,000, has annual receipts for 20 years of $33,000, and has annual costs of $18,000. Assume both projects have a zero salvage value and that MARR is 10.5 %/year. Click here to access the TVM Factor Table Calculator Part a What is the present worth of each project? Project A: $ Project B: $ Carry all interim calculations to 5 decimal places and then round your final answer to the nearest dollar. The tolerance is 20

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