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Assume a $70,000 investment and the following cash flows for two alternatives. Year Investment A Investment B 1 $ 20,000 $ 35,000 2 25,000 25,000

Assume a $70,000 investment and the following cash flows for two alternatives.

Year Investment A Investment B
1 $ 20,000 $ 35,000
2 25,000 25,000
3 20,000 20,000
4 20,000
5 25,000

a. Calculate the payback for investment A and B.

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