Question 5 [7] 5.1 After several consultations with the board, Ayanda has been tasked with conducting a feasibility study for the project. As the project manager, he must draw up and present a budget that shows the projected payback period of the R2 million, plus R250 000 interest, to the bank. Calculate the payback period with annual projected cash inflows of R750 000 . (6) 5.2 What does NPV stand for? (1)