Question: 1. Which project should you choose between Project A and B? o Project A has a total benefit of $500,000 and a total cost of

1. Which project should you choose between Project A and B? o Project A has a total benefit of $500,000 and a total cost of $450,000 o Project B has a total benefit of $600,000 and a total cost of $500,000

2. Whats the payback period when the initial investment is $500,000, cash inflow in year 1 is $100,000, cash inflow in year 2 is $130,000, cash inflow in year 3 is $160,000, cash inflow in year 4 is $190,000, and cash inflow in year 5 is $220,000?

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