you work for the 3T company, which expects to earn at least 18% on its Below is the cash information for each project. Your analysts predict that inflation rate will be a stable 3% over the next 7 years a) Using the NPV model, which one of the two projects would you investment. You have to choose between two similar projects. fund if the decision is based only on financial information? b) Explain your answer. (HINT: Year O is your initial investment needed for the project.) PROJECT 1 PROJECT 2 Year Inflow Outflow NetflowYear Inflow Outflow (Netflow 0 $300,000-300,000 | y1 | 0 | 190,000 T-190,0001 y1 |50,000 | 100,000 | -50,000 Y2 $150,000O 150,000 Y2 150,000 O 150,000 y3 220,000 30,000 190,000Y3 250,000 50,000 200,000 250,000 y5 205,000 30,000 175,000 Y5 200,000 50,000 150,000 180,000 y7 100,000 30,000 70,000 7 120,000 30,000 90,000 Total | 1,087,000| 505,000582,000-f Total | 1,200,000 | 530,000 | 670,000 yo 0 $225,000-225,000 YO Y4 215,000 0 215,000Y4 250,000 0 y6 197,000 0 197,000 Y6 180,000