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The following are the cash flows of two projects: Year Project A Project B 0 $370 $370 1 200 270 2 200 270 3 200
| The following are the cash flows of two projects: |
| Year | Project A | Project B |
| 0 | $370 | $370 |
| 1 | 200 | 270 |
| 2 | 200 | 270 |
| 3 | 200 | 270 |
| 4 | 200 | |
| What is the payback period of each project? (Round your answers to 2 decimal places.) |
| Project | Payback Period |
| A | years |
| B | years |
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