The following are the cash flows of two projects: Year OnM+ Project A $(290) 170 170 170 170 Project B $ (290) 190 190 190 What is the payback period of each project? (Round your answers to 1 decimal place.) Project Payback Period : years years A new computer system will require an initial outlay of $14,750, but it will increase the firm's cash flows by $3,600 a year for each of the next 6 years. a. Calculate the NPV and decide if the system is worth installing if the required rate of return is 8%. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to 2 decimal places.) Net present value Worth installing