Question: 6.Two projects are presented to the project selection committee. Project A will cost $250,000 to implement and is expected to have annual net cash flows

6.Two projects are presented to the project selection committee. Project A will cost $250,000 to implement and is expected to have annual net cash flows of $75,000. Project B will cost $150,000 to implement and should generate annual net cash flows of $52,000. Using the payback period method which project is better? Show your work or no credit will be given.

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