You are considering an investment in two projects, A and B. Both projects have an initial cash outlay of $100,000, the discount rate 5% and the projected cash flows are as follows:

Project B	Project A	Time
35,000	20,000	Year 1
30,000	25,000	Year 2
25,000	30,000	Year 3
15,000	35,000	Year 4
10,000	40,000	Year 5

The NPV of Project B is about 2,316

Select one:

True

False