Please include formulas and calculations. Thanks

Consider the following cash flows of two mutually exclusive projects for AZ-Motorcars. Assume the discount rate for AZ-Motorcars is 9 percent: (Do not round intermediate calculations. Round the answers to 2 decimal places. Omit $ sign in your response.) Year 0 1 2 3 AZM Mini-SUV -$ 485,000 327,000 194,000 157,000 AZF Full-SUV -$ 835,000 357,000 434,000 297,000 a. What is the payback period for each project? Payback period AZM Mini-SUV AZF Full-SUV b. What is the NPV for each project? NPV $ AZM Mini-SUV AZF Full-SUV S c. What is the IRR period for each project? IRR AZM Mini-SUV AZF Full-SUV