Profitability index. Given the discount rate and the future cash flow of each project listed in the following table, use the PI to determine which projects the company should accept.

Cash Flow	Project U		Project V
Year 0	minus$2,200,000		minus$2,700,000
Year 1	$550,000		$1,350,000
Year 2	$550,000		$1,150,000
Year 3	$550,000		$950,000
Year 4	$550,000		$750,000
Year 5	$550,000		$550,000
Discount rate	9%		13%