Labeau Products, Limited, of Perth, Australia, has $$17,000$ to invest in one of the following two projects: Labeau Products, Limited, of Perth, Australia, has $$17,000$ to invest in one of the following two projects:

The company's discount rate is $17\%.$

Click here to view Exhibit $14$B$-1$ and Exhibit $14$B$-2,$ to determine the appropriate discount factor$($s$)$ using tables.

Required:

Compute the net present value of Project $x.$

Compute the net present value of Project $Y.$

Which project should the company accept?

Answer is complete but not entirely correct.

Complete this question by entering your answers in the tabs below.

Compute the net present value of Project Y$.$

Note: Negative amounts should be indicated by a minus sign. Round your final answer to the nearest whole dollar amount.

The company's discount rate is $17\%.$

Click here to view Exhibit $14$B$-1$ and Exhibit $14$B$-2,$ to determine the appropriate discount factor$($s$)$ using tables.

Required:

Compute the net present value of Project $x.$

Compute the net present value of Project $Y.$

Which project should the company accept?

Answer is complete but not entirely correct.

Complete this question by entering your answers in the tabs below.

Compute the net present value of Project $x.$

Note: Round your final answer to the nearest whole dollar amount.

Net present value

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