X$-$treme Vitamin Company is considering two investments, both of which cost $$32,000.$ The cash flows are as follows:

Year Project A Project B

$1$ $ $34,000$ $ $32,000$

$210,0009,000$

$312,00016,000$

Use 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$.$