" Year - 2 3 4 5 Total Each project requires an investment of $194,000. A rate of 10% Year - B aRE s [y o Plant Expansion $107,000 87,000 75,000 68,000 22,000 $359,000 Cash payback period, net present value method, and analysis Retail Store Expansion Elite Apparel Inc. is considering two investment projects. The estimated net cash flows from each project are as follows: $89,000 105,000 72,000 50,000 43,000 $359,000 Present Value of $1 at Compound Interest 6% 0.943 0.890 0.840 0.792 0.747 0.705 0.665 0.627 0.592 0.558 10% 0.909 0.826 0.751 0.683 0.621 0.564 0513 0.467 0.424 0.386 12% 0.893 0.797 0.712 0.636 0.567 0.507 0.452 0.404 0.361 0.322 159% 0.870 0.756 0.658 0.572 0.497 0.432 0.376 0.327 0.284 0.247 20% 0.833 0.694 0.579 0.482 0.402 0.335 0.279 0.233 0.194 0162 has been selected for the net present value analysis