Q4 . Calculate the NPV for the below table. Compare the project and choose which is the best project.

Exhibits Project X Year 0 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 15% Required Outflows Inflows 1,000,000 100,000 200,000 100,000 350,000 500,000 600,000 500,000 500,000 600,000 400,000 Project Y Year 0 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 20% Required Outflows Inflows 1,000,000 300,000 300,000 400,000 400,000 500,000 500,000 500,000 600,000 600,000 600,000