Bunker Hil Mining Company has two competing proposals: a processing mill and an electric shovel, Both pieces of equipment have an initial investment of $743,490. The net cash flows estimated for the two proposals are as follows: The estimated rebideal value of the processing mill at the end of Year 4 is $280,000. Present Value of $1 at Compound Interest The estimated residual value of the processing mill at the end of Year 4 is $280,000. Present Value of $1 at Combound Interest Determine which equipment should be tavored, comparing the net present values of the two proposals and assuming a minimum rate of return of 10 .s. Use the present value table sppearing above. Determine which equipment should be favored, comparing the net present values of the two proposals and assuming a minimum rate of return of 10%. Use the present value table appearing above. 10 more Chea. HA W Wek uses ramaing