-It will cost 6000 to acquire an ice cream cart. Cart sales are expected to be 3600 a year for three years. After the three years, the cart is expected to be worthless as the expected life of the refrigeration unit is only three years. What is the payback period? Show work

-Mark is considering a project that will produce cash inflows of 2100 a year for 4 years. The project as a 12 percent required rate of return and an initial cost of 5000. What is the discounted payback period? Show work