I need help with C-1 project A and with D-1 project B

Consider the following two mutually exclusive projects Cash Flow Cash Flow Year - 346,000 -$48,000 24,400 22,400 19,900 15,000 49,000 69,000 69,000 444,000 2 4 Whichever project you choose, if any, you require a 16 percent return on your investment. a-1 What is the payback period for each project? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Payback period Project A Project B 3.36 years 2.06 years a-2 If you apply the payback criterion, which investment will you choose? O Project A ProjectB b-1 What is the discounted payback period for each project? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Project A Project B Discounted payback period 3.85 years 2.81 years b-2 If you apply the discounted payback criterion, which investment will you choose? O Project A ProjectB