Project requires an original investment of $73,900. The project wil ieu cash flow of $14,000 per year for nine years. Project 2 has a calculated net present out of 519,000 over a seven-year te. Project I cook be sold at the end of seven years for a price of $63,000 Use the Present Value of $1 at Compound Interest and the present Value of an Annuity of $1 at Compound Interest tools shown below. Present Value of si at Compound Interest Year 6 100 129 159 209 0.943 0.00 0.893 0.170 0.833 0. 0626 0.797 0.756 0.694 3 0.640 0.751 0.712 0.579 4 0.793 0,683 0.636 0.572 0402 0.747 0.621 0.567 0.497 0402 6 0.705 0.507 0.432 0.335 ? 0.665 0.513 0.376 0.279 0,627 0,467 0,404 0327 0.233 9 0.597 0.424 0.361 0.254 0.194 10 0.550 0.36 0.322 0.242 0.16 5 0.564 Present Value of an Annuity of $1 at Compound Interest Year 6% 10% 1299 15% 20% 1 0.94 0.900 0.893 0.570 0.83) 2 1.736 1.690 1,4626 1.528 3 2.623 2.487 2.402 2.283 2.105 4 3.465 3.170 3.037 2.855 4.212 3.791 3.605 3.352 2.991 4.917 4.355 4.111 3.764 3.326 Present Value of an Annuity of $1 at Compound Interest Year 10% 12% 15% 20% 1 0.909 0.893 0.870 0.833 2 1.736 1.690 1.626 1.528 3 2.673 2.487 2.402 2.280 2.106 4 3.465 3.170 3.037 2.855 2.589 5 4.212 3.791 2.991 6 4.917 4.355 4.111 3.28 3.326 7 5.582 4.860 4.564 3.605 8 6.210 5.335 4.960 3.837 9 6.B02 5.759 5328 4.772 4.031 10 7.360 6.145 5.650 5.019 4.192 3. Determine the net present value of Project 1 over a seven-year life with residual value, assuming a minimum rate of return of 12%. If required, round to the nearest dollar. b. Which project provides the greatest net present value