Nationgate Corporation is considering two projects of machinery that perform the same task. The required rate of return for these projects is RM12%. The projects expected cash flows are as follows:

Year	Machine MIR (RM)	Machine ZA (RM)
0	(37,000)	(37,000)
1	13,000	16,500
2	15,000	15,500
3	22,000	20,000
4	17,000	19,500

Based on the above information, you are required to make an analysis for the decision of Capital Budgeting based on the following techniques:

Payback Period(5 Marks)

Discounted Payback Period(5 Marks)

Net Present Value (NPV) (5 Marks)

Accounting Rate of Return(5 Marks)

Internal Rate of Return(5 Marks)

Profitability Index, PI(5 Marks)