Use the NPV method to determine whether Vargas Products should invest in the following projects

Project A: Costs $280,000 and offers seven annual net cash inflows of $53,000Vargas Products requires an annual return 12% on investments of this nature

Project B: Costs $390,000 and offers 10 annual net cash inflows of $70,000 Vargas Products demands an annual return of 10% on investments of this nature

Pretent Vilus of Orillary Annulty of \$1 1. What is the NPV of each project? Assume neither project has a residual value. Round to two decimal places. 2. What is the maximum acceptable price to pay for each project? 3. What is the profitability index of each project? Round to two decimal places