Which of the four projects listed blow would you choose if you only want to invest in one project if the criteria is a) Present Worth, b) Future Worth or c) Annual Worth? All projects are for five years and the risk-free interest rate is 10%.
Project
X1 Invest $14,000 today and receive $25,000 in five years.
X2 Invest $10,000 today, receive annual payments of $3,000.
X3 Invest $15,000 today, receive annual payments of $4,000, and also receive a final payment of $2,000.
X4 Invest $9,000 today, receive annual payments of $1,000, $2,000, $3,000, $4,000 and $5,000