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2. An enterprise received 7 independent project proposals from various departments. The budget allocated for these projects by the management is $ 600,000. Using the

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2. An enterprise received 7 independent project proposals from various departments. The budget allocated for these projects by the management is $ 600,000. Using the current value management, determine the appropriate projects. (i = %20 will be accepted, for the first trial take p = 0.2) Project Cost (thousand S) Annual decent earnings (thousand S) Useful Life (year) Scrap Value (thousand S) 200 60 10 0 1 2 3 100 35 6 10 100 30 10 0 4 150 46 8 0 250 75 10 10 5 6 100 45 4 0 7 50 19 8 0

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