Information on four investment proposals is given below:

Check my work 4 Information on four investment proposals is given below 2.5 Investment required Present value of cash inflows Net present value Life of the project 120,000)180, 000) (30,000)(1,560,000) 172,000 250,000 48,600 2,081,000 521,000 6 yeara $ 52,000 70,000 $ 18,600 52 syeara 7 years 6 years eBook Required: 1. Compute the project profitability index for each investment proposal. (Round your answers to 2 decimal places.) 2. Rank the proposals in terms of preference Hint Print Rank Proposal Index