The following information relates to Tinaye company which is intending on investing in a new project to maximize its value and requires an assistance of an analyst in determining which project is more worthwhile.

Assume WACC of $8\%$

Required:

Determine which of the three projects is more worthwhile by using Net Present Value method. $\backslash$table$[[$Period$,$Project A$,$Project B$,$Project C$],[0,($R$50000),($R$30000),($R$40000)],[1,$R$14000,$R$4000,20000],[2,$R$20000,$R$8000,20000],[3,$R$26000,$R$12000,5000],[4,$R$5000,$R$10000,],[5,,$R$9000,]]$