Question: Project Management B) A new software projects are proposed to a young, start-up company. The project will cost $150,000 to develop and is expected to

Project Management
Project Management B) A new software projects are
B) A new software projects are proposed to a young, start-up company. The project will cost $150,000 to develop and is expected to have annual net cash flow of $40,000 for 5 years. Compute the payback period and NPV(using 5% is interest rate). (2 Marks)

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