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Keller Construction is considering two new investments. Project E calls for the purchase of earthmoving equipment. Project H represents an investment in a hydraulic lift.

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Keller Construction is considering two new investments. Project E calls for the purchase of earthmoving equipment. Project H represents an investment in a hydraulic lift. Keller wishes to use a net present value profile in comparing the projects. The investment and cash flow patterns are as follows: Use Appendix B for an approximate answer but calculate your final answer using the formula and financial calculator methods Project E ($22,000 Investment) Cash Flow Project H ($21,000 Investment) Cash Flow Year Year 1 $ 6,000 7,000 8,000 11,eee 1. $15,000 6,000 5,000 3 4 a. Determine the net present value of the projects based on a zero percent discount rate. Net Present Value Project E Project H

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