(10') You are comparing two potential railroad investments. The capital outlay of Project 1 is $5 million. The capital cost of Project 2 is $8 million. Project 1 yields $750,000 in benefits in Year 1. The benefits are expected to grow at a rate of 5 percent per year due to traffic growth. Project 2 yields $800,000 in benefits in Year 1. The benefits are expected to increase at a rate of 6 percent per year due to traffic growth. Compare the two investments over a 10 -year analysis period if the discount rate is 4.7 percent. In your comparison, use the present value (PV) of project benefits, the net present worth of the project, and the payback period