Projects A and B are mutually exclusive and have an initial cost of $82,000 each. Project A provides cash inflows of $34,000 a year for three years while Project B produces a cash inflow of $115,000 in Year 3. Which project(s) should be accepted if the discount rate is 11.7 percent

Project B , because it has highest positive net present value.

Explanation:

Since the projects have different cash inflows and the timing of those cash flows are different, use the net present value techniques to compare the projects.

Project A

Using a Financial Calculator enter the values

Cfo = - $82,000

Cf1  =   $34,000

Cf2 =   $34,000

Cf3 =    $34,000

i = 11.7%

Net Present Value = $85.0989

Project B

Cfo = - $82,000

Cf1  =   $0

Cf2 =   $0

Cf3 =    $115,000

i = 11.7%

Net Present Value = $516.0292

Choose the Project giving the highest positive net present value.

Therefore choose Project B,

idk the answer to this question

d, conspicuous consumption is when you try to increase your wealth or social status (and in the case he's trying to create the perception of wealth considering he can't really afford it)