Investment Appraisal Using Payback Period and NPV at Amazon

Requirements:

1. Evaluate Amazon's investment projects using payback period and net present value (NPV) methods.

Investment Project	Initial Investment ($)	Annual Cash Flows ($)	Project Life (years)
Project X	30,000,000	9,000,000	4
Project Y	25,000,000	7,500,000	5

2. Calculate the payback period for each project.
3. Determine the NPV for both projects using a discount rate of 10%.
4. Recommend which project Amazon should prioritize based on financial analysis.