Question: Tri Star, Inc., has the following mutually exclusive projects: Year Project A -$13,900 8,500 7,100 2,100 Project B -$9,300 4,000 3,500 5,900 Calculate the payback

Tri Star, Inc., has the following mutually exclusive projects: Year Project

Tri Star, Inc., has the following mutually exclusive projects: Year Project A -$13,900 8,500 7,100 2,100 Project B -$9,300 4,000 3,500 5,900 Calculate the payback period for each project. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Project A Project B Payback Period 1.76 years 2.932 years

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