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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 ($21,000 Investment) Project H ($23,000 Investment) Cash Flow Year Cash Flow Year 1 $ 5,000 1 $17,000 2 8,000 2 7,000 3 9,000 3 6,000 4 12,000 es 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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