Compare the NPV for Project A and Project B Project A has an initial investment...

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Accounting

Compare the NPV for Project A and Project B

Project A has an initial investment of $700,000 and projected cash inflows of $225,000 for 5 years.

Project B has an initial investment of $400,000 and projected cash inflows of $110,000 for 5 years.

Please provide me with the calculation step by step, also provide me formula.

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