What is the present worth of each project

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Tempura, Inc., is considering two projects. Project A requires an investment of $34,000. Estimated annual receipts for 20 years are $20,000; estimated annual costs are $12,500. An alternative project, B, requires an investment of $57,000, has annual receipts for 20 years of $31,000, and has annual costs of $18,000. Assume both projects have a zero salvage value and that MARR is 15.5 % year.

What is the present worth of each project?

Project A: $

Project B: $

Reference no: EM131313051

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