Web Technologies is deciding how best to use its limited capital and must choose between two different projects with different initial investments and annual cash flows. Year Initial Investment 1 2 3 4 Total Project 1 $260,000 Cash Inflows $85,000 85,000 85,000 85,000 $340,000 Project 2 $315,000 Cash Inflows $92,000 92,000 92,000 92,000 $368,000 Web project its cost of capital (required rate of return) to be 8% annually. Required: 1) Calculate the Net Present Value (NPV) for both projects. You may utilize the PV factor tables or Excel to derive your answer. You can print out this exercise for reference.

Web Technologies is deciding how best to use its limited capital and must choose between two different projects with different initial investments and annual cash flows. Web project its cost of capital (required rate of return) to be 8% annually. Required: 1) Calculate the Net Present Value (NPV) for both projects. You may utilize the PV factor tables or Excel to derive your answer. You can print out this exercise for reference