. Formulate a PV LP model for selecting among the three projects described below. MARR = 15%. There is a budget of $16,000 at time 0, and the projects are required to generate $4,000 at time 1 and $1,300 at time 2. The life of each project is 10 years. The projects are independent except that A cannot be selected unless B is also selected. What is the value of extra budget money at time 2? Project Investment $8,000 5,000 10,000 Annual Cash Flow $1,900 1,400 2,500 C