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The athletic department at Big State University is considering two different facility renovation projects on their campus, both with 5 - year life expectancies. Utilizing

The athletic department at Big State University is considering two different facility renovation projects on their campus, both with 5-year life expectancies. Utilizing the payback period approach, determine the payback period and the correct recommendation for what the athletic department should decide regarding the potential renovation project.
\table[[,Project A,Project B],[Year,Cash Flow,Cash Flow],[0,($750,000),($400,000)
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