Which project has the better payback period project a, Ask an Expert

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Which project has the better payback period? Project A requires a $25,000 investment and provides $5,000 per year for 6 years; Project B requires an $8,000 project and provides $4,000 per year for 2 years. (Show your calculations.) Explain the strengths and weaknesses of this approach.

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Category:- Financial Accounting
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