$13$

Problem $8-21$ NPV and Payback Period $($LO $1,4)$

$5$

points

Andoulle Splices, Incoporabed, has the following mutualy excluwle projects tovalable. The compeny hat Midtorically uepd a siree$-$yter cutsil for projects. The sequired return is il percent.

thets

etperth

fint

Wrewer

$\backslash$table$[[$Teaf$,$Froject F$,$Fralpet $6],[,-11)4_{,\text{e}\text{p}\text{d}},-520$t$,$ eee$],[1,68,5$e$9,43,500],[2,$ab$,5$ed$,$M$,5$ee$],[3,30,5$ed$,15,500],[4,34,590,114,500],[3,42,934,124,304]]$

a$.$ Caiculate the payback period for both projocts.

Note: Do nat round infermediate calculations and round your asswers ie $2$ decimal places, ng$-3210.$

Culollate the MPY for hovh profects

Notec Do net nound intermediate calculations and round your atswers is $2$ dedimal places, ey$-3246.$

c$.$ Which project. if ary. sheudd the compury socept?

$\backslash$table$[[2.$ Propeat:,,$2\mathrm{.}45,$Eas$],[$Promete$,,215,$jax$],[6.$ Primetr,$1,248,],[$Praturl $9,5,145,],[2.,,,]]$