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Assume a $50,000 investment and the following cash flows for two alternatives. Year Investment A Investment B 1 $ 20,000 $ 15,000 2 15,000 15,000

Assume a $50,000 investment and the following cash flows for two alternatives.

Year Investment A Investment B
1 $ 20,000 $ 15,000
2 15,000 15,000
3 10,000 25,000
4 20,000
5 25,000

Calculate the payback for investment A and B. (Round your answers to 2 decimal places.)

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