et Present Value Unequal Ulves Project 1 requires an original Investment of $57,300. The project will yield cash flows of $11,000 per year for years. Project 2 has a computed net present value of $10,000 over a six-year life. Project I could be sold at the end of six years for a price of $47,000 Use the Present Value of $1 at Compound Interest and the Present Value of an Annuity of $1 at Compound Interest tables shown below. Year 1 Present Value of Stat Compound Interest 6 10 12 15 20% 0 .04 0.000 0.593 0.570 0.890 0.826 0.797 0.694 0.751 0.712 0.792 0.633 0.747 705 0.564 0.665 0.194 0.502 0424 055016 10 Present Value of an Annuity of Stat Comand interest Year 60 100 1200 1500 200 Calculator U 0.705 0.665 0.627 0.592 0.558 UZUN 0.564 0.507 0.513 0.452 0.467 0.424 0.361 0.386 0.322 0.432 0.376 0.327 URUZ 0.335 0.279 0.233 0.194 0.162 0.004 0.284 10 0.247 Present Value of an Annuity of $1 at Compound Interest Year 10% 12% 15% 20% 0.943 0.909 0.893 0.870 0.833 1.833 1.736 1.690 1.626 1.528 2.673 2.487 2.402 2.253 2.106 3.465 3.170 3.037 2.855 2.589 4.212 3.791 3.605 3.353 2.991 4.917 4.355 4.111 3.785 3.326 5.582 4.868 4.564 4.160 3.605 3 6.210 5.335 4.968 9 6 .802 5.328 4.772 4031 7.300 6.145 5.050 5.010 4.192 to reuo12 Determine the net present value of Project 1 over six years with residual value assuming a minimum W provides the greatest ne presente e projects