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Assume a $42,000 investment and the following cash flows for two alternatives: Year Investment A Investment B 1 $15,000 $22,000 2 10,000 10,000 3 10,000

Assume a $42,000 investment and the following cash flows for two alternatives: Year Investment A Investment B 1 $15,000 $22,000 2 10,000 10,000 3 10,000 10,000 4 15,000 5 4,500,000 Calculate the payback for investment A and B. (Round the final answers to 2 decimal places.) Payback period Investment A years Investment B years Which of the alternatives would you select under the payback method? Investment A Investment B

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