3. Interstate Appliance Inc. is considering the following 3 mutually exclusive projects. Projected cash flows for these ventures are as follows Plan A Initial Outlay $3,600,000 Cash Flow Yr 1-0- Yr 2--0- Yr 3 -0- Yr 4-0 Yr 5-7,000,000 Plan B Initial Outlay $6,000,000 Cash Flow Yr 1 4,000,000 Yr 2- 3,000,000 Yr 3- 2,000,000 Which project should you choose? PROJECT CASH FLOW -$150 million 85 million 65 million 100 million 100 million YEAR 2 3 4 Course Chat 3. Interstate Appliance Inc. is considering the following 3 mutually exclusive projects. Projected cash flows for these ventures are as follows Plan A Initial Outlay $3,600,000 Cash Flow Yr 1-0- Yr 2--0- Yr 3 -0- Yr 4-0 Yr 5-7,000,000 Plan B Initial Outlay $6,000,000 Cash Flow Yr 1 4,000,000 Yr 2- 3,000,000 Yr 3- 2,000,000 Which project should you choose? PROJECT CASH FLOW -$150 million 85 million 65 million 100 million 100 million YEAR 2 3 4 Course Chat