Net present value method, present value index, and analysis for a service company \begin{tabular}{cccc} & MaintenanceEquipment & RampFacilities & ComputerNetwork \\ \hline Amount to be invested & $639,389 & $381,277 & $203,868 \\ Annual net cash flows: & & & \\ Year 1 & 274,000 & 189,000 & 129,000 \\ Year 2 & 255,000 & 170,000 & 89,000 \\ Year 3 & 233,000 & 151,000 & 65,000 \end{tabular} Present Value of $1 at Compound Interest \begin{tabular}{cccccc} \hline Year & 6% & 10% & 12% & 15% & 20% \\ \hline 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 \\ 5 & 0.747 & 0.621 & 0.567 & 0.497 & 0.402 \\ 6 & 0.705 & 0.564 & 0.507 & 0.432 & 0.335 \\ 7 & 0.665 & 0.513 & 0.452 & 0.376 & 0.279 \\ 8 & 0.627 & 0.467 & 0.404 & 0.327 & 0.233 \\ 9 & 0.592 & 0.424 & 0.361 & 0.284 & 0.194 \\ 10 & 0.558 & 0.386 & 0.322 & 0.247 & 0.162 \end{tabular} Required: 2. Determine a present value index for each proposal. If required, round your answers to two decimal places. Present Value Index Maintenance Equipment Ramp Facilities Computer Network 3. The has the largest present value index. Although is less than 1 , indicating that it does not meet the minimum rate of return standard. the