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Assume a $90,000 investment and the following cash flows for two alternatives: Year 1 2 3 4 5 Investment A $ 25,000 30,000 25,000 20,000
Assume a $90,000 investment and the following cash flows for two alternatives: Year 1 2 3 4 5 Investment A $ 25,000 30,000 25,000 20,000 25,000 Investment B $30,000 20,000 50,000 Calculate the payback period for investment A and investment B. (Do not round intermediate calculations. Round the final answers to 2 decimal places.) Paybask..period years Investment A Investment B years Which of the alternatives would you select under the payback method? O Investment A Investment B
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