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Year Project Al-$5,000 $0 $2,000 $4,000 $6,000 $8,000 Project B -$10,000 SO $0 $8,000 $16,000 $16,000 Project C-$20,000-$5,000 $0 $0 $0 $60,000 Assume an interest

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Year Project Al-$5,000 $0 $2,000 $4,000 $6,000 $8,000 Project B -$10,000 SO $0 $8,000 $16,000 $16,000 Project C-$20,000-$5,000 $0 $0 $0 $60,000 Assume an interest rate of 9%, what project should be chosen? What about 12%? You should assume compound interest

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