Compute each project's payback period. (Round answers to 2 decimal places, e.g. 52.75.) AA BB CC Payback period 2.4 years 2.32 years 2.11 years Indicating the most desirable project and the least desirable project using this method. Most desirable Project CC Project AA - Least desirable Your answer is partially correct. Compute the net present value of each project. (Use the above table.) (Round factor values to 5 decimal places, e.g. 1.25124 and final answers to 0 decimal places, e.g. 5,275.) BB CC Net present value $ 1990 $ 705 $ 3860 Indicating the most desirable project and the least desirable project using this method. Project CC Most desirable Least desirable Project BB