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Janina, Incorporated, has the following mutually exclusive projects. Year Project A Project B 0 $ 22,000 $ 25,000 1 13,000 14,000 2 9,500 10,500 3
Janina, Incorporated, has the following mutually exclusive projects. |
Year | Project A | Project B |
---|---|---|
0 | $ 22,000 | $ 25,000 |
1 | 13,000 | 14,000 |
2 | 9,500 | 10,500 |
3 | 3,100 | 9,500 |
a-1. | Calculate the payback period for each project. (Do not round intermediate calculations and round your answers to 3 decimal places, e.g., 32.161.) |
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