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Calculate the pay back for the following: Project A : Initial Cost $80,000 earns $19,000 per year. Project B : Initial Cost $ 100,000 earns
Calculate the pay back for the following:
- Project A : Initial Cost $80,000 earns $19,000 per year.
- Project B : Initial Cost $100,000 earns $25,000 per year.
C What are the downsides of using of using payback period to analyze a project? Please put in detail the formula for part a and b?
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