$*$please calculate profitability index for all projects$*$

Karman Corporation is evaluating four different real estate investments. Management plans to buy the properties today and sell them three years from today. The annual discount rate for these

investments is $14\%.$ The following table summarizes the initial cost and the sale price in three years for each property: $.$ Karman Corporationhas a total capital budget of $$520,000$ to invest in

properties. Which properties should it choose?

Data table

The profitability index for Parkside Acres is

$($Round to two decimal places.$)$

$($Click on the following icon $$ in order to copy its contents into a spreadsheet.$)$

$*$please calculate profitability index for all projects$*$