courses/61210/quizzes/14925/take Ava Lamberth is evaluating two mutually exclusive projects. The projects have a cost of capital (discount rate) of 14 percent. Calculate the Equivalent Annual Annuity payments for each project and decide which project should be chosen. 0 2 4 1 3 Project S (7000) 2900 3200 4600 3800 0 1 2 3 Project L: (7000) 3600 5500 3600 Choose Project S since its EAA payment is $35.66 greater than the EAA payment of Project L. o Choose Project S since its EAA payment is $54.10 greater than the EAA payment of Project L Chance Duniani Project L: (7000) 3600 5500 3600 Choose Project S since its EAA payment is $35.66 greater than the EAA payment of Project L. O Choose Project S since its EAA payment is $54.10 greater than the EAA payment of Project L. Choose Project L since its EAA payment is $43.18 greater than the EAA payment of Project S. Choose Project L since its EAA payment is $69.19 greater than the EAA payment of Project . Choose Project L since its EAA payment is $61.12 greater than the EAA payment of Project S