The Three Stooges partnership is considering three long-term capital investment proposals. Each investment has a useful life of 5 years. Relevant data on each project are as follows.
Project Moe Project Larry Project Curly
Capital investment $150,000 $160,000 $200,000

Year
Annual net income:
1 13,000 18,000 27,000
2 13,000 17,000 22,000
3 13,000 16,000 21,000
4 13,000 12,000 13,000
5 13,000 9,000 12,000

Total $65,000
$72,000
$95,000



Depreciation is computed by the straight-line method with no salvage value. The company's cost of capital is 15%. (Assume that cash flows occur evenly throughout the year.)

Compute the net present value for each project. (Round computations for 15% Discount Factor to 5 decimal places. Round answers to 0 decimal places, e.g. 125. If the net present value is negative, use either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)
Project Moe $
Project Larry $
Project Curly $

Here is a link to an online text with a capital budgeting section:
Principles of Accounting Chapter 24

Please see our guidelines for posting homework problems in the red text at the top of this forum. Make an attempt at the problem. If you post that, someone can guide you from there.

Oops, wrong forum. The red text will lead you (eventually) to the guidelines, but here is the direct link:
https://www.askmehelpdesk.com/financ...-b-u-font.html