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Home Publications Inc. is considering two new magazine products. The estimated net cash flows from each product are as follows: Year Home & Garden Music

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Home Publications Inc. is considering two new magazine products. The estimated net cash flows from each product are as follows: Year Home & Garden Music Beat $99,000 $118,000 97,000 116,000 un A w N - 84,000 76,000 80,000 56,000 47,000 23,000 $398,000 Total $398,000 Each product requires an investment of $215,000. A rate of 15% has been selected for the net present value analysis. Year Present Value of $1 at Compound Interest 6% 10% 12% 15% 20% 0.943 0.909 0.893 0.870 0.833 0.890 0.826 0.797 0.756 0.694 0.840 0.751 0.712 0.658 0.579 0.792 0.683 0.636 0.572 0.482 0.747 0.621 0.567 0.497 0.402 0.705 0.564 0.507 0.432 0.335 0.665 0.513 0.452 0.376 0.279 0.627 0.467 0.404 0.327 0.233 0.592 0.424 0.361 0.284 0.194

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