• 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 & k = 8%)

Project A Project B

Initial Investment $155,000 $310,000

Revenue Inflows

Year 1 $70,000 0

Year 2 70,000 0

Year 3 70,000 0

Year 4 70,000 $500,000

Payback = _________ 3.62 years

NPV = _________ _________