Intro

Your firm is subject to capital rationing and can only invest $$60,000.$ You've

estimated the following cash flows $($in $$)$ for two projects:

The required return for both projects is $8\%.$

Part $1$

What is the payback period for project A$?$

Correct $$

Part: $2$

What is the payback period for project $B?$

$k+$ decimals