You are considering four investment opportunities. All investments are expected to be sold after 5 years, and their cost of capital is the same at 20%. If you have a total capital budget of $500,000, given the following information, which projects will you choose? (use formula to calculate)

A. Model A, since it has an equivalent annual annuity of -$4,678

B. Model A, since it has an equivalent annual annuity of -$6,624

C. Model A, since it has an equivalent annual annuity of -$6,660

D. Model B, since it has an equivalent annual annuity of -$4,994

E. Model B, since it has an equivalent annual annuity of -$6,624