Consider two mutually exclusive projects, A and B, whose costs and cash flows are shown in the following table: Year Project A Project B 1 $(14,000) $(22,840) 2 8,000 8,000 3 6,000 8,000 4 2,000 8,000...

Consider two mutually exclusive projects, A and B, whose costs and cash flows are
shown in the following table:
Year           Project A            Project B
1              $(14,000)                $(22,840)
2                  8,000                     8,000
3                  6,000                     8,000
4                   2,000                   8,000
5                  3,000                     8,000
Calculate the cross over rate.

Please use equations and not excel