Question: could you please answer this question and put the steps :) Thankk you !!! Net Present Value-Unequal Lives Project 1 requires an original investment of

could you please answer this question and put the steps :) Thankk you !!!

could you please answer this question and put the steps :) Thankkyou !!! Net Present Value-Unequal Lives Project 1 requires an original investment

Net Present Value-Unequal Lives Project 1 requires an original investment of $69,600. The project will yield cash flows of $12,000 per year for nine years. Project 2 has a calculated net present value of $22,600 over a seven-year life. Project 1 could be sold at the end of seven years for a price of $60,000 use the Present Value of $1 at Compound Interest and the Present Value of an Annuity of 1 at Compound Interest tables shown below Present Value of $1 at Compound Interest 690 0.943 0.890 0.840 0.792 0.747 0.705 0.665 0.627 0.592 0.558 10% 0.909 0.826 0.751 0.683 0.621 0.564 0.513 0.467 0.424 0.386 12% 0.893 0.797 0.712 0.636 0.567 0.507 0.452 0.404 0.361 0.322 15% 0.870 0.756 0.658 0.572 0.497 0.432 0.376 0.327 0.284 0.247 20% 0.833 0.694 0.579 0.482 0.402 0.335 0.279 0.233 0.194 0.162 Year 2 3 4 6 9 10

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