Project	Initial Investment ($)	Annual Cash Flow ($)	Project Life (Years)
Project A	50,000	15,000	5
Project B	60,000	18,000	5

Tasks:

1. Calculate the payback period for each project.
2. Calculate the net present value (NPV) of each project using a discount rate of 10%.
3. Determine which project should be accepted based on NPV.

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