Consider the following two mutually exclusive projects: Initial Net Cash Flow Per Year Outlay 1 2 3 4 Project A $1,000 $2,200 $2,200 $2,200 $2,200 Project B $4,000 $0 $7,500 Notice that project A has a 4 year life while project has only a 2 year life. Calculate the Equivalent Annual Annuity (EAA) for each of the above projects, assuming a percent discount rate and then use your calculations to explain which project should be undertaken