Calculate the return on investment (ROI) for the following five projects, total cost includes the initial investment. Which projects should be invested in if the organization has a spending constraint of $9,000,000 and its cost of capital is 7%? Please explain how you got these answers!!

Total Total

Project Investment Revenue Cost Profit ROI

A $3,000,000 $5,400,000 $5,100,000 _____ _____

B $2,400,000 $4,000,000 $3,800,000 _____ _____

C $1,350,000 $2,400,000 $2,300,000 _____ _____

D $2,500,000 $3,100,000 $3,000,000 _____ _____

E $2,000,000 $3,850,000 $3,600,000 _____ _____