How to calculate payback period?

Mahalaxmi (job seeker) (1203 Points)

06 July 2013  

please anybody tell me details about how to calculate pay back period ?from the following details:

                  project A                                                              project B

year    pv of cash inflows      cumulative pv       pv of cf        cumulative pv

                  

1            -------                            --------                     51720         51720

2          22290                            22290                    62412      114132

3          84612                           106902                   61536      175668

4          46368                            153270                  56304       231972

5          39984                             193254                42840         274812

calculate discounted pay back period of project A and project B ?