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please ASAP Long-term investment decision, payback method Personal Finance Problem Bal Witiams has the opportunity fo invest in project A that costs $6. 400 today

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Long-term investment decision, payback method Personal Finance Problem Bal Witiams has the opportunity fo invest in project A that costs $6. 400 today and prontibes to pay $2,300,52,500,52,500,51,900 and $1,900 over the nexd 5 years. Or, Bel can imest $6,400 in project B3 that promises to pay $1,300,$1,300,$1,300,$3,500 and $4,000.0ver the a. How long wir it take for bull to recoup his initial iresestmentent in propect A? b. How long will it take for Bat to recoup his intidil imvestment in progect ? c. Using the payback period, which project should EIl choose? d. Do you see any problems with his choice

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