1. Compute the payback period for each project. Round your answers to two decimal places. Assume that the manager of the clinic accepts only projects with a payback period of three years or less. Will he accept the projects? MRI equipment Biopsy equipment 2. Compute the accounting rate of retum for each project. Round your percentage answers to two decimal places (for example, 15.617% rounds to 1 Featbsck Check My Vark 1. If cash flows are uneven the payback period is computed by adding the annual cash flows until such time as the original investment is recovered. 2. Remember, you'll have to average income by year when calculating the accounting rate of return