Question: please help!! eBook Show Me How Calculator Net Present Value --Unequal Lives Project 1 requires an original investment of $67,200. The project will yield cash

eBook Show Me How Calculator Net Present Value --Unequal Lives Project 1 requires an original investment of $67,200. The project will yield cash flows of $11,000 per year for 10 years, Project 2 has a calculated net present value of $14,000 over a eight-year life. Project I could be sold at the end of eight years for a price of $52,000 Use the Present Value of $1 at Compound Interest and the Present Value of an Annuity of $1 at Compound Interest tables shown below. Year 20% 0.833 0.694 0.529 Present Value of $1 at Compound Interest 6% 10% 12% 15% 0.943 0.909 0.893 0.870 0.890 0.826 0.797 0.756 0.840 0.751 0.712 0.658 0.792 0.683 0.636 0.572 0.747 0.621 0.567 0.497 0.705 0.564 0.507 0.432 0.665 0.513 0.452 0.376 0.627 0.467 0.404 0.592 0.424 0.361 0.284 0.558 0.386 0.322 0.247 0.482 0.402 0335 0.279 0.233 0196 10 0.162 Present Value of an Annuity of si at Compound Interest Year 10% 12% 15% 20% 1 0.943 0.909 0.893 0.870 0.833 Present Value of an Annuity of $1 at Compound Interest Year 6% 10% 12% 15% 20% 0.943 0.909 0.893 0.870 0.833 1.833 1.736 1.690 1.626 1.528 2.673 2.487 2.402 2.283 2.106 3.465 3.170 3.037 2.855 2.589 4.212 3.791 3.605 3.352 2.991 4.917 4.355 4.111 3.784 3.326 7 5.582 4.868 4.564 4.160 3.605 6.210 5.335 4.968 4.487 3.837 6.802 5.759 5.328 4.772 4.031 10 7.360 6.145 5.650 5.019 4.192 a. Determine the net present value of Project 1 over a eight-year life with residual value, assuming a minimum rate of return of 10%. If required, round to the nearest dollar. b. Which project provides the greatest net present value
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