Current Attempt in Progress Culver Company is considering two capital investment proposals. Relevant data on each project are as follows: Depreciation is computed by the straight-line method with no salvage value. Culver requires an 8% rate of return on all new investments. The present value of 1 for 8 periods at 8% is 0.54027 and the present value of an annuity of 1 for 8 periods is 5.74664. Click here to view PV tables. Compute the net present value for each project. (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round answers to 0 decimal places, e.g. 5,275.) Attempts: 0 of 1 used (C). Compute the annual rate of return for each project. (Round answers to 1 decimal place, e.g. 15.2.) Which project should Culver select