Use the NPY method to delermine whether Rook Products should invest in the following projects:...

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Use the NPY method to delermine whether Rook Products should invest in the following projects: - Projoct A: Costs $295,000 and ollers seven annual not cash irflows of $53,000. Poot Products requires an annuat ratum of 12% on investments of this nakire. - Project 8. Costs $385,000 and offers 10 anmual net cash infows of $70,000. Foot Products demands an answal ratum of 10% on investments of this naturs. (Click the icon to view Present Valive of $1 tabin.) (Click the icon to view Present Value of Ordinary Annuly of $1 table.) Read the requirements parentheses or a minus eign lor a negative net present value.) Casluata the NPY (not present value) of each project. Begin by calculating the NPV of Project A. Present Value of $1 Unknown environment 'tabular' Print Done Reference Requirements Enter any factor amour 1. What is the NPV of each project? Assume neither project has a residual value. Round to two decimal places. 2. What is the maximum acceptable price to pay for each project? 3. What is the profitability index of each project? Round to two decimal places

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