What is something an officer should know about the territory they
patrol?

employs tactics and techniques designed to specifically locate, identify and apprehend criminals

(a)The company should select project A because it's PV of cash flow is higher. (b)The PV of cash flow is higher in project B, therefore the project B should be selected

Explanation:

Solution

(a) For project A, the PV of  cash flow from the beginning of each year is

PMT/i [1- (1+i)^⁻n] (1 +i)

= 4200/0.12 [1 - (1.12)^⁻8] *1.12

= $ 233,677.77

for project B, PV of cash flows at the end of each year is:

PMT/i [1- (1+i)^⁻n] (1 +i)

= 4800/0.12 [1 - (1.12)^⁻7] *

=$ 219, 060.31

Therefore, the company should select project A because it's pv of cash flow is higher.

Note: Kindly find an attached document of the part of the solution to this question given.