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Time 0 Time 1 Time 2 Time 3 Project A - 10,000 5,000 4,000 3,000 Project B - 10,000 4,000 3,000 10,000 If Wise Guy
Time 0 Time 1 Time 2 Time 3 Project A - 10,000 5,000 4,000 3,000 Project B - 10,000 4,000 3,000 10,000 If Wise Guy Inc is choosing one of the above mutually exclusive projects (Project A or Project B), given a discount rate of 7%, which should the company choose? A. Project B B. Project A C. Neither project both have negative NPV. D. Both projects both have positive NPV. Corey buys 10 Tufflift 4-post, 4.5-ton car hoists for his parking garage at a total cost of $485,000. He finances this with a five-year loan at 7.4% APR with monthly payments. After he has made the first 20 payments, how much is the outstanding principal balance on his loan? O A. $685,511 B. $274,204 C. $479,857 D. $342,755
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