The following two mutually exclusive projects are being evaluated. The firm's required rate of return is 12%. Year Project A Cash Flow Project B Cash Flow
0 -$85,000 -$136,000
1 42,500 43,350
2 42,500 43,350
3 42,500 43,350
4 43,350
5 43,350

Which of the following statements best describes projects A and B?

a. Project B should be accepted because it has the highest EAA.
b. Project B should be accepted because it has the highest NPV.
c. Project A should be accepted because it has the highest EAA.
d. Neither project is acceptable.
e. Both projects should be accepted because they have positive NPVs and EAAs.

due to the changes the federal reserve is making the unused reserves will impact the economy by them facing inflation. inflation is definfed as the increase in pricing of a good or service but the decline of the value of money used for purchasing those items. when the economy has a high inflation rate, they are subject to money loss and hurt on the economy.

the first successful, urban blues recording, selling more than 75,000 copies, was made in year 1920.

mamie smith recorded the first commercially successful example of the urban blues,   with the recording of “crazy blues”."crazy blues" was recorded on august 10, 1920, in new york city. within a month of the release of “crazy blues” it had sold 75,000 copies.