Question: A project manager using the Net Present Value (NPV) criterion to determine which project is worth more pursing, at 8% interest rate will choose: Select

A project manager using the Net Present Value (NPV) criterion to determine which project is worth more pursing, at 8% interest rate will choose: Select one: 1. Project with $25,000 in year 1; $15,000 in year 2; $10,000 in year 3; and $5,000 in year 4 II. Project with $5,000 in year 1; $5,000 in year 2; $20,000 in year 3; and $30,000 in year 4 III. Project with $15,000 in year 1; $15,000 in year 2; $15,000 in year 3; and $15,000 in year 4 O IV. Project with $5,000 in year 1; $5,000 in year 2; $25,000 in year 3; and $25,000 in year 4 OV. None of the above

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