Question: Draw the cash flows diagram please Problem 2) A proposed project has the following simple cash flow; 1. Initial/first cost of $37,500. 2. Income of

Draw the cash flows diagram please

Draw the cash flows diagram please Problem 2) A proposed project has

Problem 2) A proposed project has the following simple cash flow; 1. Initial/first cost of $37,500. 2. Income of $6,375 every year for 10 years. 3. MARR = 8% Question A; What is the approximate payback period? Make sure you show your work for this calculation. Question B; What is the exact payback period? Make sure you show your work for this calculation

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