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You are looking for Investment in either of the two projects Mor N depending on their net present value. The initial investment for Project M

You are looking for Investment in either of the two projects Mor N depending on their net present value. The initial investment for Project M is $28,500 and the cash inflows for 3 years is $10,000 each. Whereas the project N has initial investment of $11,000 and the cash flows for are $10,000, $9,000, and $8,000. Calculate the NPV of both the projects and suggest which project should be chosen. Discount rate 5%

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