Two projects are being considered for implementation at an MARR of 6%. Both have equal other costs and benefits, and the decision needs to be made based on the initial costs only. The first project has a perpetual life, and the second project has life as shown. Which project should be selected? Project E Project F Initial cost ($235,000,000) Initial cost ($180,500,000) Life Perpetual Salvage $6,400,000 Life in years 20