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Assume a $65.000 investment and the following cash flows for two alternatives: Year 1 2 3 Investment A $20,000 10,000 10,000 25,000 25,000 Investment B

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Assume a $65.000 investment and the following cash flows for two alternatives: Year 1 2 3 Investment A $20,000 10,000 10,000 25,000 25,000 Investment B $25 , 15,000 25,000 Calculate the payback period for investment A and investment B. (Do not round Intermediate calculations. Round answers to 2 decimal places.) Investment A Investment B Payback period years years Which of the alternatives would you select under the payback method? Investment A Investment B hp

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