Campyback perod, et present value method, and analys Ete Apparel vs considering two investment projects. The estimated net cash flows from each project are as follows Retail Store Year Plant Expansion Expansion 1 $450,000 $500,000 2 450,000 400.000 3 340,000 310,000 280,000 250,000 180,000 200,000 $1,700,000 $1,700,000 Tutal Each project requires an investment of $900,000. A rate of 15% has been selected for the net present value analysis Present Value of $1 at Compound Interest Year 6% 10% 1294 15% 20% 0.943 0.870 0.833 0.826 0.797 0.75 0.004 3 5.840 0.751 0,712 0.458 0.579 8.792 0.643 0.636 0.572 0.482 0.747 0.4211 567 0.497 0.402 8.705 0.364 0.507 0.432 0.335 0.665 0.513 0.627 0.467 0.452 0.376 0.279 0404 0.327 0.233 10 0.592 0.424 0.361 0556 0.306 0.322 0.284 0.194 0.347 0.162 Check My Work Assignment Score: 80% Save and Ex Sun Augment for Grading 0.943 0.909 0.893 0.870 0.833 2 0.890 0.826 0.797 0.756 0.694 3 0.840 0.751 0.712 0.658 0.579 4 0.792 0.603 0.636 0.572 0.482 5 0.747 0.621 0.567 0.497 0402 6 0.705 0564 0.507 0.432 0.335 7 0.665 0.513 0.452 0.376 0.279 B 0.627 0.467 0.404 0.327 0.233 9 0.592 0.424 0.361 0.284 0.194 10 0.558 0.386 0.322 0.247 0.162 Required a. Compute the cash payback period for each project. Plant Expansion Cash Payback Period Retail Store Expansion 16. Compute the net present value. Use the present value of $1 table above. If required, round to the nearest dollar. Plant Expansion Retail Store Expansion Total present value of net cash flow Less amount to be invested Net present value 2. Because of the timing of the receipt of the net cash flows, the offers a higher Check My Work