onsider the following two mutually exclusive projects: Year Cash Flow (A) Cash Flow (B) 0 $ 425,000 $ 95,000 1 120,000 54,000 2 80,000 37,000 3 80,000 34,500 4 480,000 29,600 Whichever project you choose, if any, you require a 15% return on your investment. a-1. What is the payback period for each project? (Round the final answers to 2 decimal places.) Payback Period Project A 3.30 years Project B 2.12 years