Each project requires an investment of $206,000. A rate of 20% has been selected for the net present value analysis 1a. Compute the cash payback period for each project. 1b. Compute the net present value, Use the present value of $1 table above. If required, round to the nearest dollar. 2. Because of the timing of the receipt of the net cash flows, the offers a higher Froack roner My Work 1a. For each project, start with year 1 and acoumulate the net cash fows unbi the amount to be invested is reached. 16. For each project, mulsply the present value factor for each year (Exhibit 2) by that years net cash flow. Subtract the amount to be invesied from the total present value of the net cash how. Which project offers the more favorable net present value? 2 Consider when cash fows are received and the time value of money. Leaming Objective 2, Leaming Objective 3