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You are a top manager at Google and are tasked with deciding between tow mutually exclusive projects (a database project and a marketing project). The
You are a top manager at Google and are tasked with deciding between tow mutually exclusive projects (a database project and a marketing project). The initial investment for the database project is \\( \\$ 120,000 \\) and the initial investment for the marketing budget is \\( \\$ 160,000 \\). The database project is projected to have cash inflows of \\( \\$ 30,000 \\) in Year \\( 1, \\$ 40,000 \\) in Year 2, \\( \\$ 60,000 \\) in Year 3, \\( \\$ 50,000 \\) in Year 4, and \\( \\$ 20,000 \\) in Year 5 . The marketing project is projected to have cash inflows of \\( \\$ 60,000 \\) in Year 1, \\( \\$ 50,000 \\) in Year 2, \\( \\$ 30,000 \\) in Year 3, \\( \\$ 40,000 \\) in Year 4 , and \\( \\$ 30,000 \\) in Year 5 . Which project should be selected based on the Payback Model and why? (please type your answer and explanation)
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