please help me with this problem

8. North Point, Inc. is considering Project A and Project B, which are two mutually exclusive projects with unequal lives. Project A is an 12 -year project with an NPV equal to $51,000. Project B is a 4-year project with an NPV equal to $32,000. North Point uses the equivalent annual annuity (EAA) method and has a discount rate of 9.7%. Which project(s), if any, will North Point accept? A) North Point accepts both projects because both have a positive NPV (and thus positive EAA). B) North Point will take Project A because it has a positive NPV and its EAA is greater than Project B C) North Point accepts Project B because its EAA is greater than Project A's EAA D) North Point accepts Project A because it has a higher NPV