Five mutually exclusive revenue projects that have infinite lives are under consideration for increasing productivity in a certain government operation. The total costs (S) and annual benefits (Syr) of each project are shown below. If the interest rate is 10% per year, which project should be selected? 4. PROJECT A B A B CDE Total cost ,S -7,000 -24,000 -9,000 -3,000 -16,000 Benefits, S/yr B/Cvs DN) 1000 2500 1400 500 2200 1.42 1.04 .561.67 38 (a) Project A (b) Project B (c) Project C(d) Project D (e) Project E Five mutually exclusive revenue projects that have infinite lives are under consideration for increasing productivity in a certain government operation. The total costs (S) and annual benefits (Syr) of each project are shown below. If the interest rate is 10% per year, which project should be selected? 4. PROJECT A B A B CDE Total cost ,S -7,000 -24,000 -9,000 -3,000 -16,000 Benefits, S/yr B/Cvs DN) 1000 2500 1400 500 2200 1.42 1.04 .561.67 38 (a) Project A (b) Project B (c) Project C(d) Project D (e) Project E