Please I need help in question 9.22

9.21 The capital budgeting committee of the ABC Company is contemplating five independent proposals for projects to be included in the forthcoming year's budget; their cash flows are given in Table 9-13. The ABC Company has established a MARR of 20%. Assuming that capital is not rationed, which projects should the company select and what is the total investment required? Use the ROR method. Table 9-13 End of Year Project 1 Project 2 Project 3 Project 4 Project 5 0 1 2 3 4 -$100 000 35 027 35 027 35027 35 027 -$200 000 77 258 77 258 77 258 77 258 -$150 000-$80 000 63 516 32000 63 516 32000 63516 32000 63516 32000 -$300 000 98 769 98 769 98 769 98 769 Ans. ii = 15%, i = 20%, i = 25%, i* = 21.85% (by interpolation),i = 12%. Projects 2, 3, and4 should be selected, at a total investment of $430 000. 9.22 Would the results of Problem 9.21 change if (a) MARR = 10%? (b) MARR = 13% and capital is rationed at $430 000? Ans. (a) no; (b) no