Discounted cash flows
Year	Project A	Project B	Project C
0	1,200.00	2,400.00	8,500.00
1	454.55	1,363.64	1,818.18
2	826.45	991.74	1,652.89
3	901.58	225.39	6,010.52
4	1,707.53	341.51	1,366.03
5	1,862.76	124.18	1,552.30

The firm requires a payback period of 2 yrs and a discounted payback period of 2.5 years. Find Payback and discounted payback for Project A B and C

Annual Cash Flows Project B Project A - 1,200 Year 0 -2,400 Project C --8,500 2,000 Year 1 500 1,500 Year 2 1,000 2,000 1,200 300 Year 3 8,000 1,200 2,500 Year 4 2,000 500 200 Year 5 3,000 2,500