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Cash payback period for a Service Company Omni financial thc, is evaluating two capital investment proposals for a drive-up ATM kiosk, eachi requiring an investment

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Cash payback period for a Service Company Omni financial thc, is evaluating two capital investment proposals for a drive-up ATM kiosk, eachi requiring an investment of $200,000 and each with an 8 -yese life and expected total net cash flows of $320,000. Locatien 1 is expected to provide equal annual net cash flows of $40,000, and Lecation 2 is expected to have the following unequal annual net cash flows: Determine the cash payback peciod for both locatian proposais. Location 1 5 years Location 2 vears

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