Set up the equations for both projects and then solve for both

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Wile E. Coyote is considering two projects as shown in the table below. The projects will enhance his RR catching technology. Using Net Present Worth analysis and assuming a MARR of 4.50%, which project should Wile E. Coyote choose? Non-polymer elastic bands for slingshots Hybrid Rocket Engines Initial Cost $180,000.00 $280,000.00 Uniform Annual Benefit $67,350.00 $49,500.00 Useful Life (in years) 3 7 Computed ROR 6.01% 5.63% Instructions: Draw cash flow diagrams for each alternative on a piece of paper, from Mr. Coyote's perspective, and select the option that represents the equation for Non-polymer elastic bands for slingshots. Wile E. Coyote is considering two projects as shown in the table below. The projects will enhance his RR catching technology. Using Net Present Worth analysis and assuming a MARR of 4.50%, which project should Wile E. Coyote choose? Non-polymer elastic bands for slingshots Hybrid Rocket Engines Initial Cost $180,000.00 $280,000.00 Uniform Annual Benefit $67,350.00 $49,500.00 Useful Life (in years) 3 7 Computed ROR 6.01% 5.63% Instructions: Draw cash flow diagrams for each alternative on a piece of paper, from Mr. Coyote's perspective, and select the option that represents the equation for Non-polymer elastic bands for slingshots