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X - treme Vitamin Company is considering two investments, both of which cost $ 3 8 , 0 0 0 . The cash flows are

X-treme Vitamin Company is considering two investments, both of which cost $38,000. The cash flows are as follows:YearProject AProject B1$ 40,000$ 38,000210,0009,000315,00020,000Use Appendix B for an approximate answer but calculate your final answer using the formula and financial calculator methods.a-1. Calculate the payback period for Project A and Project B.

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