A firm is evaluating two mutually exclusive projects that have unequal lives.The firm must evaluate the projects using the annualized net present value approach and recommend which project they should select.The firm's cost of capital has been determined to be 18 percent,and the projects have the following initial investments and cash flows: 
Definitions:
Plasticity
The capacity of the brain to adapt or change in response to experiences or learning, including the formation of new neural connections.
Vision
The ability to perceive and interpret the surrounding environment through light in the visible spectrum striking the retina of the eye.
Senses
The physiological capacities of organisms that provide data for perception, including sight, hearing, smell, taste, and touch.
Cerebral Cortex
The outer layer of the cerebrum in the brain, responsible for many complex functions including thought, emotion, reasoning, and language.
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