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Flint Company has hired a consultant to propose a way to increase the company's revenues. The consultant has evaluated two mutually exclusive projects with the

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Flint Company has hired a consultant to propose a way to increase the company's revenues. The consultant has evaluated two mutually exclusive projects with the following information provided for each: Flint Company uses a discount rate of 9% to evaluate both projects. Click here to view PV tables, (a) Calculate the net present value of both projects. (Use the above table) (Round factor values to 5 decimal ploces, eg. 1.25124 and final answers to 0 decimal ploces, e. . 5,275.) TABLE 1 Future Value of 1 TABLE 2 Future Value of an Annuity of 1 \begin{tabular}{rrrrrrrrrrrr} \hline 6 & 6.63298 & 6.80191 & 6.97532 & 7.1533 & 7.33592 & 7.52334 & 7.71561 & 7.91286 & 8.11519 & 8.75374 \\ \hline 7 & 7.89829 & 8.14201 & 8.39384 & 8.6540 & 8.92280 & 9.20044 & 9.48717 & 9.78327 & 10.08901 & 11.06680 \\ \hline 8 & 9.21423 & 9.54911 & 9.89747 & 10.2598 & 10.63663 & 11.02847 & 11.43589 & 11.85943 & 12.29969 & 13.72682 \\ \hline 9 & 10.58280 & 11.02656 & 11.49132 & 11.9780 & 12.48756 & 13.02104 & 13.57948 & 14.16397 & 14.77566 & 16.78584 \\ \hline 10 & 12.00611 & 12.57789 & 13.18079 & 13.8164 & 14.48656 & 15.19293 & 15.93743 & 16.72201 & 17.54874 & 20.30372 \\ \hline \end{tabular} TABLE 3 Present Value of 1 Drwacnt Walaaa nf an A newation od 1

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