I would greatly appreciate it if excel formulas were included! Part B

P27.1 (LO 1, 2, 5), AN U3 Company is considering three long-term capital investment proposals. Each investment has a useful life of 5 years. Relevant data on each project are as follows. Depreciation is computed by the straight-line method with no salvage value. The company's cost of capital is 15\%. (Assume that cash flows occur evenly throughout the year.) Instructions b. Compute the net present value for each project. (Round to nearest dollar.) Name Problem 27-1A Continued Section Date U3 Company (b)