Net Present Value-Unequal lives Project 1 requires an original investment of $61,200. The project will yield cash flows of $13,000 per year for six years, Project 2 has a calculated to present value of $18,600 over a four-year life. Project I could be sold at the end of four years for a price of $53,000 Use the Present Value of Si at Compound Interest and the Present Value of an Annuity of Stat Compound Interest tables show below. Present Value of $1 at Compound Interest Year 6% 10% 12% 15% 20% 1 0.943 0.909 0.893 0.870 0.833 2 0.890 0.820 0.797 0.756 0.694 0.840 0.251 0.712 0.658 0.579 0.792 0.683 0.636 0.572 5 0.747 0.621 0.567 0.497 0.402 0.705 0.564 0.507 0.432 0.135 % 0.513 0.376 0.279 0.627 0.467 0.327 0.233 0.592 0.424 0.361 0.2014 0.14 10 0.558 0.306 0.162 4 0.482 0.372 0.247 Present Value of an Annuity of Si at Compound Interest Year 6% 10%. 12 204 1 0.943 0.009 0.893 0.620 0.833 2 1.833 1.736 1.650 1.626 1.52 24673 2.487 7.402 2283 2.106 8 0.467 0.27 0.233 0.627 0.592 0.558 0.424 0.386 0.404 0.361 0.322 0.284 0.242 0.194 0.162 10 Present Value of an Annuity of Sl at Compound Interest Year 10 12 15 20% 1 0.943 0.909 0.893 0.870 0.833 2 1.833 1.52 2.673 2.457 2.402 2.106 4 3.170 3.097 5 4.212 6 4.912 3.705 3.526 2 5.582 4 4.564 4.100 3.005 6,210 5.335 4.960 4.467 3.837 9 5.802 5.79 5.32 4.031 16 7.360 6.145 5.650 5.010 4.192 a. Deming the net present value of Project 1 over a four year life with dual value, mumtate of return of 10% If required, round to the nearest dola X 1. Which project provides the greatest hit present value