Shaylee Corp has $2.00 million to invest in new projects. The companys managers have presented a number of possible options that the board must prioritize. Information about the projects follows:

	Project A		Project B		Project C		Project D
Initial investment	$	435,000	$	250,000	$	740,000	$	965,000
Present value of future cash flows		785,000		435,000		1,220,000		1,580,000

Required:

1. Is Shaylee able to invest in all of these projects simultaneously?

2-A. Calculate the profitability index for each project. Calculate the profitability index for each project. (Round your answers to 4 decimal places.)

2-B. What is Shaylees order of preference based on the profitability index?

On January 1, 2018, you deposited $5,400 in a savings account. The account will earn 9 percent annual compound interest, which will be added to the fund balance at the end of each year.

Required:

1. What will be the balance in the savings account at the end of 7 years? (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1.) (Use appropriate factor(s) from the tables provided. Round your final answer to 2 decimal places.)

2. What is the total interest for the 7 years? (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1.) (Use appropriate factor(s) from the tables provided. Round your intermediate and final answer to 2 decimal places.)

3. How much interest revenue did the fund earn in 2018 and in 2019? (Round your final answers to 2 decimal places.)