In: Finance
1:
| Year | Project I | 
| 0 | -44292.6 | 
| 1 | 9000 | 
| 2 | 9000 | 
| 3 | 9000 | 
| 4 | 9000 | 
| 5 | 9000 | 
| 6 | 9000 | 
| 7 | 9000 | 
| 8 | 9000 | 
| 9 | 9000 | 
| 10 | 9000 | 
| 11 | 9000 | 
| IRR | 16.55% | 
2:
| Year | Project I | Cumulative CF | 
| 0 | -70000 | -70000 | 
| 1 | 15000 | -55000 | 
| 2 | 15000 | -40000 | 
| 3 | 15000 | -25000 | 
| 4 | 15000 | -10000 | 
| 5 | 15000 | 5000 | 
| 6 | 15000 | 20000 | 
| 7 | 15000 | 35000 | 
| 8 | 15000 | 50000 | 
| 9 | 15000 | 65000 | 
| Payback | 4.67 | 
WORKINGS
