Fiftycent Inc., has hired you to advise the firm on a capital budgeting issue involving two unequal$-$lived, mutually exclusive projects, S and T$.$ The cash flows for each project are presented in the following table. Calculate the NPV and the annualized net present value $($ANPV$)$ for each project using the firm's cost of capital of $9\mathrm{.}7\%.$ Which project would you recommend? $($Click on the icon here $$ in order to copy the contents of the data table below into a spreadsheet.$)$

$\backslash$table$[[,$Project S$,$Project T$],[$Initial Investment,$$41,400,$$$66,700$