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Jon is considering three independent projects (F, G, and H) for investment with financial information shown in the following table. Use present worth analysis to

  1. Jon is considering three independent projects (F, G, and H) for investment with financial information shown in the following table. Use present worth analysis to determine which projects he should choose, if any, if his MARR is 7% and he has no budget limit. MAKE SURE TO SHOW CONVERSION FACTOR NOTATIONS AS WELL!

Project

Initial investment ($)

Annual Net Cash Flow ($)

Life (years)

F

-7,000

1,000

8

G

-6,000

1,500

6

H

-8,000

2,500

4

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