Use the information provided to answer the following questions - Accounting

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REQUIRED
Use the information provided to answer the following questions:
4.1 Calculate the payback period for project 2. (Answer must be expressed in years and months)
4.2 Calculate the accounting rate of return for project 3. (Answer expressed to 2 decimal places)
4.3 Calculate the net present value of each project. (Round off amounts to the nearest Rand)
4.4 Using the answers from question 4.3, which project should be chosen? Why?
INFORMATION The following information relates to three possible capital expenditure projects. Because of capital rationing, only one project can be accepted.