Question: need detailed help 2. Two machines are being evaluated. cash outlay Year 0 1-5 Deluxe Economy 3000 2000 800 541 a. Calculate the net present

 need detailed help 2. Two machines are being evaluated. cash outlay need detailed help

2. Two machines are being evaluated. cash outlay Year 0 1-5 Deluxe Economy 3000 2000 800 541 a. Calculate the net present value, internal rate of return, and profitability index for both machines using the discount rate of 8% b. Which machine is selected if only one machine may be selected? Which is the best method (NPV, IRR, or PI) to base your selection on

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