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Kara, Incorporated, imposes a payback cutoff of three years for its international investment projects. Year Cash Flow (B) Cash Flow (A) 01234 18,000 18,000

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Kara, Incorporated, imposes a payback cutoff of three years for its international investment projects. Year Cash Flow (B) Cash Flow (A) 01234 18,000 18,000 3 16,000 3,000 -$ 50,000 -$ 60,000 10,000 13,000 16,000 220,000 What is the payback period for both projects? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Project A Project B years years

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