Please answer part A,B,C,D

Long-term investment decision, payback method Personal Finance Problem Bill Williams has the opportunity to invest in project A that costs $9,200 today and promises to pay $2,200, 52,600, $2,600, $2,000 and $1,700 over the next 5 years. Or, Bill can invest $9,200 in project that promises to pay $1,500, $1,500, $1,500, $3,600 and 54,100 over the next 5 years. (Hint: For mixed stream cash inflows, calculate cumulative cash inflows on a yoar-to-yoar basis until the initial investment is recovered) a. How long w take for Bm to recoup his initial investment in project A? b. How long will take for Bill to recoup his initial investment in project B? c. Using the payback period, which project should Bill choom? d. Do you see any problems with his choice? a. Fot Bill to recoup his initial Investment in project, it will take years. (Round to two decimal places.)