Phoenlx Company is considering investments in projects $C1$ and $C2.$ Both require an Initial investment of $$336,000$ and

would yleld the following annual net cash flows. $($PV of $$1,$ FV of $$1,$ PVA of $$1,$ and FVA of $$1)($Use approprlate factor$($s$)$

from the tables provided.$)$

a$.$ The company requires a $8\%$ return from its Investments. Compute net present values using factors from Table B$.1$ in

Appendlx B to determine which projects, If any, should be accepted.

b$.$ Using the answer from part a$,$ is the internal rate of return higher or lower than $8\%$ for $($I$)$ Project $Cl$ and $($II$)$ Project

C$2?$ Hint: It is not necessary to compute IRR to answer this question.

Complete this question by entering your answers in the tabs below.

The company requires a $8\%$ return from its investments. Compute net present values using factors from Table B$.1$ in

Appendix B to determine which projects, if any, should be accepted. $($Negative net present values should be indicated with a

minus sign. Round your present value factor to $4$ decimals. Round your answers to the nearest whole dollar.$)$