Britney Javelin Company is considering two investments, both of which cost $24,000 The cash flows are as follows Use Appendix Band Appendix D. $9,000 10. a. Calculate the payback period for project Mand project N. (Round the final answers to 2 decimal places Project M Project b-1. Calculate the NPV for project Mand project N. Assume a cost of capital of 8 percent. (Round "PV Factor" to 3 decimal places. Round the intermediate and final answers to the nearest whole dollar) Project Project N b-2. Which of the two projects should be chosen based on the NPV method? Project M Project N . Both c. Shouk a firm normally have more confidence in answer derived based on NPV method or Payback method? NPV method Pay back method