inery with a four-year life and no salvage value. Project Z requires a $420,000 initial investment for new machin three-year life and no salvage value. The two projects yield the following annual results. Cash flows occur even each year. (PV of \$1. FV of \$1. PVA of \$1, and FVA of \$1) (Use appropriate factor(s) from the tables provided.) mpute each project's annual net cash flows. mpute each project's payback period. If the company bases investment decisions solely on payback period, which in, which project ompute each project's net present value using 6% as the discount rate. If the company bases investment decisions ly on net present value, which project will it choose? Complete this question by entering your answers in the tabs below. inery with a four-year life and no salvage value. Project Z requires a $420,000 initial investment for new machin three-year life and no salvage value. The two projects yield the following annual results. Cash flows occur even each year. (PV of \$1. FV of \$1. PVA of \$1, and FVA of \$1) (Use appropriate factor(s) from the tables provided.) mpute each project's annual net cash flows. mpute each project's payback period. If the company bases investment decisions solely on payback period, which in, which project ompute each project's net present value using 6% as the discount rate. If the company bases investment decisions ly on net present value, which project will it choose? Complete this question by entering your answers in the tabs below