Project Cash Flows $3,000 4,000 $2,000 1,000 1,000 1,000 -$1,000 1,400 100 0 $1,000 1,090 23.38% 33.33% 32.45% 9% Suppose that you have only $3,500 available at period 0. Neither additional od. FHowever, you can budgets nor borrowing is allowed in any future budget peri lend out any remaining funds (or available funds) at 10% interest per period (a) If you want to maximize the future worth at period 3, which projects would you select? What is that future worth (the total amount available for lending at the end of period 3)? No partial projects are allowed (b) Suppose in (a) that, at period 0, you are allowed to borrow $500 at an inter- est rate of 13%. The loan has to be repaid at the end of year 1 . Which project would you select to maximize your future worth at period 3