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Assume a $40,000 investment and the following cash flows for two alternatives. Year Investment A Investment B $ 10,000 $ 10,000 12345 10,000 15,000

Assume a $40,000 investment and the following cash flows for two alternatives. Year Investment A Investment B $ 10,000 $ 10,000 12345 10,000 15,000 10,000 20,000 20,000 25,000 a. Calculate the payback for investment A and B. Note: Round your answers to 2 decimal places. Investment A 3.33 years Investment B 2.25 years

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