Use the NPV method to determine whether Mcknight Products should invest in the following projects: Project A: Costs $265,000 and offers eight annual net cash inflows of $52,000. McKnight Products requires an annual return of 12% on investments of this nature Project B: Costs $380,000 and offers 10 annual net cash inflows of $73,000. McKnight Products demands an annual return of 10% on investments of this nature (Click the icon to view Present Value of $1 table.) (Click the icon to view Present Value of Ordinary Annuity of 31 table Read the requirements Requirement 1. What is the NPV of each project? Assume neither project has a residual value Round to two decimal places. (Enter any factor amounts to three decimal places, XXXX Use parentheses or a minus sign for a negative not present Value Caciulate the NPV (not present value) of each project. Begin by calculating the NPV of Project A Project A: Net Cash Annuity PV Factor Present Years Inflow (12%) Value 1-8 Present value of annuity 0 Investment Net present value of Project A Reference Use the Proll Pro CI Read the Require decimal Caclula Projec Year Present Value of $1 Periods 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 12% 14% 15% 16% 18% 20% Period 1 0.990 0.980 0,971 0.962 0.952 0.943 0.935 0.926 0,917 0.000 0.893 0.877 0.870 0.862 0.847 0833 Period 2 0.980 0.961 0.943 0.925 0.9070 890 0.873 0.857 0.8420.8260.797 0.769 0.756 0.7430.7180.004 Period 3 0.971 0.942 0.915 0.889 0.864 0.840 0.816 0.794 0.772 0.751 0.712 0.675 0.658 0.6410.0090.570 Perlod 4 0.961 0.9240.888 0.855 0.623 0.792 0.763 0.735 0.708 0.683 0.636 0.5920,572 0.552 0.516 482 Perlod 0.961 0.906 0.863 0.822 0.784 0.7470.713 0.681 0.650 0.621 0.567 0.519 0497 0.476 0.437 0402 Period 6 0.942 0.888 0.837 0.790 0.746 0.705 0.666 0.630 0.596 0.564 0.507 0.456 04320410 0.370 0.335 Period 7 0.933 0.871 0813 0.7600.711 0.665 0.623 0.583 0.547 0.513 0.452 0.400 0.376 0.354 0.3140.279 Period 8 0.923 0.853 0.789 0.731 0.677 0.627 0.5820.540 0.502 0.467 0.4040.351 0.327 0.3050 206 0.233 Period 9 0.914 0.837 0.766 0.703 0.6450.592 0.5440.500 0.460 0424 0,361 0.308 0.284 0.2630225 0.194 Period 10 0.905 0.820 0.7440.676 0.614 0.558 0.508 0.463 0422 0.386 03220270 0.247 0.227 0.1910.162 Period 11 0.896 0.8040.722 0.650 0.585 0.527 0475 0429 0.388 0.350 0.287 0.2370215 0.195 0.162 0.135 Period 12 0.887 0.788 0.701 0.625 0.557 0.497 0.444 0.397 0.356 0319 0257 0.208 0.187 0.168 0.137 0.112 Period 13 0.879 0.773 0.681 0.601 0.530 0469 0.415 0.368 0.326 0 290 0.229 0.182 0.163 0.145 0.116 0.093 Period 14 0.870 0.758 0.661 0.577 0.505 0.442 0.3880.340 0.299 02630 2050.160 0.141 0.125 0.099 0.078 Perlod 15 0.861 0.743 0.642 0.555 0.481 0.417 0.382 0.315 0.275 0.239 0.183 0.140 0.123 0.108 0.084 0.065 Period 16 0.853 0.728 0.623 0.534 0.458 0.34 0.339 0.292 0.252 0.218 0.163 0.123 0.107 0.003 0.071 0.054 Period 17 10.844 0.714 0.605 0.513 0.436 0.371 0.3170.270 0.231 0.198 0.146 0.108 0.093 0.000 0.00 0.045 Period 18 0.836 0.700 0.587 0.4940416 0.350 0.296 0.250 0.212 0.180 0.130 0.095 0.081 0.069 0.051 0.038 0.232 0.194 0.164 0.116 0.083 0.070 0.060 0.043 0.031 Period 19 0.828 0.686 0.570 0.475 0.396 0.331 0277 0.215 0.178 0.149 0.104 0.073 0.061 0.051 0.037 0.026 Period 20 0.820 0.673 0.554 0.456 0.377 0.3120 258 1. 0 Print Done Enter an UTORO ITUNA erexrages Get more met Help ve sorve TTS renewable and a clean source energy Wind energy has a low operating costs and is efficient Focus