Cash Payback Period, Net Present Value Method, and Analysis Elite Apparel Inc. is considering two investment projects. The estimated net cash flows from each project are as follows: Year Plant Expansion Retail Store Expansion $133,000 108,000 94,000 85,000 26,000 $446,000 $111,000 130,000 89,000 62,000 541000 $446,000 Total Each project requires an investment of $241,000. A rate of 15% has been selected for the net present value analysis. Present Value of $1 at Compound Interest 6V% 2096 1 0.943 0.909 0.893 0.870 0.833 2 0.890 0.826 0.797 0.756 0.694 3 0.840 0.751 0.712 0.658 0.579 4 0.792 0.683 0.636 0.572 0.482 15% Year 10%