1. Consider the following two mutually exclusive service projects with projectlives of 3 years and 6 years, respectively. Determine which project would be selected based on their present interest rate is set at 12% per year. Draw the cash flow diagram for both the projects. worth if the (8+ 2+ 2 pts) Cash Inflow/Outflow Net Cash Flow B - Project $800 $200 $0 A- Project $1000 Initial Cost ($) Annual Operating Cost (S/year Salvage Value (S) Life (vears) $400 $200