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Kara, Incorporated, imposes a payback cutoff of three years for its international investment projects. Year 0 1 2 3 4 Cash Flow (A) -$ 61,000

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Kara, Incorporated, imposes a payback cutoff of three years for its international investment projects. Year 0 1 2 3 4 Cash Flow (A) -$ 61,000 23,500 29,000 21,500 8,500 Cash Flow (B) -$ 71,000 15,500 18,500 27,000 231,000 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.) years Project A Project B years

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