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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

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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 ($35,000 Investment) Project H ($37,000 Investment) Year Cash Flow Year 1 $ 8,000 1 2 13,000 2 3 19,000 3 4 21,000 Cash Flow $19,000 16,000 15,000

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