Project S has a cost of $10,000 and is expected to produce benefits (cash flows) of $3,000 per year for 5 years. Project L costs $25,000 and is expected to produce cash flows of $7,400 per year for 5 years. Calculate the two projects NPV, IRR, MIRR, and PI assuming a cost of capital of 12%. Which project would be selected, assuming they are mutually exclusive, using each ranking method? Which should be actually selected?

***I need to have the equation written out as well as how to put it in your finance calculator (if needed) to receive full credit*** Thanks in advance