Problem 12-23 Net present value profile [LO12-4] Keller Construction is profile in comparing the projects. The investment and cash flow patterns are as follows: Use Appendix B for an approximate answer but calculate your final answer using the formula and financial calculator methods. g two new investments. Project E calls for the purchase of earthmoving equipment. Project H represents an investment in a hydraulic lift. Keller wishes to use a net present value Project E ($20,000 Investment) Project H (S20,000 Investment) Cash Flow S 5,000 6,000 7,000 10,000 Year Cash Flow $16,000 5,000 4.000 a. Determine the net present value of the projects based on a zero percent discount rate Net Present Value Project E Project H b. Detemine the net present value of the projects based on a 9 percent discount rate. (Do not round intermediate calculations and round your answers to 2 declmal places.) Net Present Value Project E Projact H c. If the projects are not mutually exclusive, which project s) would you accept if the discount rate is 9 percent? Project E Project H Both H and E Neither H nor E