Question: Evaluate the following projects using the payback method assuming a rule of 3 years for payback. Year Project A Project B 0 -10,000 -10,000 1
Evaluate the following projects using the payback method assuming a rule of 3 years for payback.
| Year | Project A | Project B |
| 0 | -10,000 | -10,000 |
| 1 | 4,000 | 4,000 |
| 2 | 4,000 | 3,000 |
| 3 | 4,000 | 2,000 |
| 4 | 0 | 1,000,000 |
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