value for each project and determine which should be selected on the basis of the Net Present Value at 10% per year interest. Project 1 8000 Project 2 3500 Annual Operating costs (S) Number of years Major Maintenance (S) 4 2000 at year 2 4 2000 at year 2 36,000 Initial costs (S) 54,000 Project 1 = 66.747 42, Project 2 = 63,011.82, Project 1 should be chosen Project 1 - 63,011.82 Project 2 = 66,747.42, Project 1 should be chosen Project 1 = 66,747.42, Project 2 - 63,011.82, Project 2 should be chosen Project 1 - 63,011.B2. Project 2 -66,747.42, Project 2 should be chosen None of the above