Determine the optimal solution.
Project:    1                 2              3             4              5
Cost: $230,000.   $280, 000.   $290,000.   $205,000.   $270,000
Net Present Value: $630,000   $400,000  $760,000   $620,000   $460,000

What is the total net present value of these projects? 
Total net present value: 

Keeping in Mind that
Project 1 - be selected Project 2 not be selected Project 3 be selected Project 4 not be selected Project 5 will be selected