Your company is considering $2$ different projects for long term investment.$$ They have the investment$/$revenue inflow schedules outlined below.$$ Calculate the indicated assessment tools and make a final recommendation on which project, if any, should be invested in$.($assume the company only has enough funds to invest in $1$ project & r $=8\%)$

$$ Project A$$ Project B

Initial Investment$$ $$155,000$ $$310,000$

Revenue Inflows

Year $1$$$70,0000$

Year $270,0000$

Year $370,0000$

Year $470,000$ $$500,000$

Payback$=\_\_\_\_\_\_\_\_\_3\mathrm{.}62$ years

NPV $=\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_$