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Assume a $75,000 investment and the following cash flows for two alternatives: Year 1 2 3 4 5 Investment A $15,000 20,000 25,000 20,000 4,000,000

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Assume a $75,000 investment and the following cash flows for two alternatives: Year 1 2 3 4 5 Investment A $15,000 20,000 25,000 20,000 4,000,000 Investment B $20,000 25,000 40,000 Calculate the payback for investment A and B. (Round the final answers to 2 decimal places.) Investment A Investment B Payback period years years Which of the alternatives would you select under the payback method? O Investment A O Investment B

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