Question 7 View Policies Current Attempt in Progress Pina ColadaCompany is considering two capital investment proposals. Estimates regarding each project are provided below Project Sour Project Nuts Initial investment $445000 $636000 Annual net income 30000 46000 Net annual cash inflow 110000 146000 Estimated useful life 5 years 6 years Salvage value 0 0 The company requires a 10% rate of return on all new investments Present Value of an Annuity of 1 Periods 5 9% 10% 11% 12% 3.89 3.791 3.696 3.605 4.486 4.355 4.231 4.111 6 The cash payback period for Project Nuts is 6.52 years. 4.36 years. 14.83 years. 5.56 years