2. Three independent projects are available for funding by the DA-BAR. The following table shows the equivalent annual benefits and costs for each. Project 1 Annual benefits Annual Costs 1,800,000 5,600,000 6,600,000 2,000,000 4,200,000 5,400,000 2 3 Which project should be selected as best? What is the rank ordering of projects from best to worst?

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