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Car Washer Limited has an R95 000 capital budget and has the opportunity to invest in five different projects. Project 1 Initial investment -R52 000

Car Washer Limited has an R95 000 capital budget and has the opportunity to invest in five different projects.

Project 1 Initial investment -R52 000 NPV R22 000

Project 2 Initial investment -R25 000 NPV R13 000

Project 3 Initial investment -R32 000 NPV R18 000

Project 4 Initial investment -R24 000 NPV R10 000

Project 5 Initial investment -R17 000 NPV R9 000

Car Washer Limited will most likely invest in

*Project 1, 4 and 5.

* Project 2, 3 and 4.

*Project 1, 2 and 4.

* Project 1, 2 and 5.

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