please with detailed explanation steps and formulas and without tables

Consider the following two mutually exclusive projects: Whichever project you choose, if any, you require a rate of return of 14 percent on your investment. a) If you apply the payback criterion, you will choose Project b) If you apply the NPV criterion, you will choose Project c) If you apply the IRR criterion, you will choose Project d) If you choose the PI criterion, you will choose Project e) Based on your first four answers, which project will you finally choose