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You are considering the following two mutually exclusive projects. The crossover point is _____ and project _____ should be accepted at a 14 percent discount
You are considering the following two mutually exclusive projects. The crossover point is _____ and project _____ should be accepted at a 14 percent discount rate.
Year ______ Project A ________ Project B
0 __________-32,000__________ -32,000
1 __________13000 ___________19000
2 __________13000 ___________12000
3 __________19000 ____________12000
I have a TI-84 calculator, so if possible show on that or show by hand how to get crossover point. Thanks
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