with equations on how you got that answer plz

Long-term investment decision, payback methed Personal Finance Problem Bal willams has the opportunity to invest in project A that coss 56,600 today and promises st pay $2,300,$2,360. $2,500,$2,100 and $1,900 over the next 5 years. Or, Bil can irvest $6,600 in project B that promises to poy $1,400,$1,400,$1,400,53,400 and $3,900 over the neid 5 years ( Hint for anine stream cash infows, calculate cumulative cash inflowa on a year-fo-year bosis until the initial investment is recovered.) a. How long will it take for Bill to recoup his initial irvestment in project A ? b. How long will it take for Bll to recoup his initial investment in project B? c. Using the payback period, which project should Bal choose? d. Do you see ary problems with his choice? a. For B al to recoup his initial investment in project A, it will take yeare. (Round to two decimal places)