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Carla Vista Crafts Corp. management is evaluating two independent capital projects that will each cost the company $280.000. The two projects will provide the following

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Carla Vista Crafts Corp. management is evaluating two independent capital projects that will each cost the company $280.000. The two projects will provide the following cash flows: Year Project A Project B 1 $84.750 $84.125 2 83.450 54.100 3 42.235 149.250 4 153,655 88,110 (a1) What is the payback period of both projects? (Round answers to 2 decimal places, eg. 15.25.) The Payback of Project Ais years and Project Bis years

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