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:
Schizophrenia
is a severe mental disorder characterized by distortions in thinking, perception, emotions, language, sense of self, and behavior.
Function Better
Improving one's capacity to perform or operate in a more effective or efficient manner.
Support Groups
Gatherings of individuals sharing a common condition or problem, aiming to provide emotional and moral support to one another.
Families
Social units consisting of one or more adults together with the children they care for, either biological, adopted, or considered in a familial role.
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