Assume a $52,000 investment and the following cash flows for two alternatives.

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

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

Investment A		years
Investment B		years

b. Which investment would you select under the payback method?

-Investment A

-Investment B

c. If the inflow in the fifth year for Investment A was $15,000,000 instead of $15,000, would your answer change under the payback method?

-Yes

-No