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years Cash Flows for project A Cash Flows for project B 1 $25,000 $64,000 2 $55,000 $22,000 3 $20,000 $14,000 4 $150,000 $20,000 5 0

years Cash Flows for project A Cash Flows for project B
1 $25,000 $64,000
2 $55,000 $22,000
3 $20,000 $14,000
4 $150,000 $20,000
5 0 $250,000

Calculate the payback period for the following two distinct cash flow steams that both require the same $100,000 initial outlay;

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