Question: Amazons IT department is proposing three software projects for the in-garage delivery services system to solve the problem of lost and stolen packages. The financial

Amazons IT department is proposing three software projects for the in-garage delivery services system to solve the problem of lost and stolen packages. The financial information for the three projects is presented below. Using the payback period, determine which project Amazon should invest in.

Project Name

Project life

Investment ($)

Annual savings ($)

Loops

12

215,000

45,000

Luna

15

175,000

55,000

Lexi

10

95,000

19,000

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