Question: Project 1 involves an outlay of $ 8 0 , 0 0 0 . Project 2 involves an outlay of $ 6 0 , 0

Project 1 involves an outlay of $80,000. Project 2 involves an outlay of $60,000. Each project will get an annual net income for 5 years as listed in the table.
\table[[year,project 1,project 2],[0,-80,-60],[1,40,30],[2,20,30],[3,20,20],[4,20,10],[5,5,10]]
Use the payback method to decide which is the most attractive project.
 Project 1 involves an outlay of $80,000. Project 2 involves an

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