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Britney Javelin Company is considering two investments, both of which cost $30,000. The cash flows are as follows: Use Appendix Band Appendix D. Year 1

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Britney Javelin Company is considering two investments, both of which cost $30,000. The cash flows are as follows: Use Appendix Band Appendix D. Year 1 2 3 Project A $15,000 15,000 6,000 Project B $14,000 15,700 11,000 a. Calculate the payback period fornrniert A and nmiect P

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