The incoming cash flows for Projects A & B are given below. Each will require a $350,000 initial investment up front. Using a payback period method, do these projects appear worth it? Given an interest rate k = 10% and using the NPV method, which project(s) appear worth it? Finally, if IRR is 13%, would you still do the project(s)? All values below are in thousands.

\begin{tabular}{|l|l|l|} \hline Year & Project A & Project B \\ \hline 1 & $0 & $100 \\ \hline 2 & $0 & $100 \\ \hline 3 & $0 & $100 \\ \hline 4 & $0 & $100 \\ \hline 5 & $525 & $100 \\ \hline \end{tabular}