5. 4.52 Based on PW values, determine which of the following independent projects should be selected for investment if $240,000 is available and the MARR is 10% per year. (NCF = net cash flow)

Table Summary: Table divided into 4 columns with the headings marked from left to right as: Project; Initial Investment in dollars; NCF in dollars per year; and Life in years.

Project Initial Investment, $ NCF, $/Year Life, Years A −100, 000 50,000 8 B −125, 000 24,000 8 C −120, 000 75,000 8 D −220, 000 39,000 8 E −200, 000 82,000 8