A). Determine the average rate of return for a project that is estimated to yield total income of $679,680 over six years, has a cost of $811,800, and has a $132,200 residual value. Round to the nearest whole number. %

B). A project has estimated annual net cash flows of $40,000. It is estimated to cost $180,000.

Determine the cash payback period. If required, round your answer to one decimal place. years