Use the PW method to evaluate four independent projects. Select as many as three of the four projects. The MARR is 12% per year, and up to $16,000 in capital investment funds areavailable.

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Project Investment, s -5000 -8,000 Life, years -9,000-10.000 Year NCF Estimates, $ per Year 1000 1700 2400 3000 3800 500 500 500 500 10,500 5000 5000 2000 17,000