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Company XYZ is considering an investment of $ 1 0 0 , 0 0 0 . The useful life of the project is 6 years.

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Company XYZ is considering an investment of $100,000. The useful life of the project is 6 years. The board of directors has identified two Project A and B. The expected annual cash flows are as follows:
\table[[Year,Project - A,Project - B],[1,20,000,10,000],[2,45,000,32,000],[3,30,000,25,000],[4,13,000,41,000],[5,10,000,20,000],[6,30,000,5,000]]
Calculate the payback period both. Which project is better or not?
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