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Profitablity index, Given the discount rate and the future cash fow of each project listed in the following table, use the PI to determine which

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Profitablity index, Given the discount rate and the future cash fow of each project listed in the following table, use the PI to determine which projects the company should accept. \begin{tabular}{|l|r|r|} \hline Cash Flow & Project U & Project V \\ \hline Year 0 & $1,900,000 & $2,300,000 \\ \hline Year 1 & $475,000 & $1,150,000 \\ \hline Year 2 & $475,000 & $950,000 \\ \hline Year 3 & $475,000 & $750,000 \\ \hline Year 4 & $475,000 & $550,000 \\ \hline Year 5 & $475,000 & $350,000 \\ \hline Discount rate & 9% & 14% \\ \hline \end{tabular}

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