Save HW Score: 0%, 0 of 90 pts Homework: ACC-260 Topic 6 Practice Problems Score: 0 of 1 pt 46 of 90 (0 complete) 0 E26-18 (book/static) Consider the following three projects. All three have an initial investment of $800,000. (Click the icon to view the investments.) Question Help Requirements 1. Determine the payback period of each project. Rank the projects from most desirable to least desirable based on payback. 2. Are there other factors that should be considered in addition to the payback period? Net Cash Inflows Requirement 1. Delermine the payback period of each project. Rank the projects from most desirable to least desirable based on payback. First, determine the payback period of each project. (Enter the payback period as a numeral.) Payback period in Project i Data Table years Project L years Project M years Project N years Project Year Annual Accumulated Year 1 $ 100,000 $ 100,000 $ Year 2 100,000 200,000 Year 3 100,000 300,000 Year 4 100,000 400,000 Year 5 100,000 500,000 Year 6 100,000 600,000 Year 7 100,000 700,000 Year 8 100,000 800,000 Enter any number in the edit fields and then click Check Answer. . Project M Project N Annual Accumulated Annual Accumulated 200,000 $ 200,000 $400,000 $ 400,000 250,000 450,000 400,000 350.000 800,000 800,000 400.000 1,200,000 500,000 1,700,000 ? Print Done 2 remaining parts heck