Consider the following two investments, each of which has an original cost of $12,000 Investment A Year Investment B 1 3,000 1,000 2 3,000 1,000 3 3,000 3,000 4 3,000 3,000 5 3,000 3,000 4,000 7.000 6 Here is a table of discount factors (e.g. Present Value of $1.00) for different interest rates: Year 1 4% 5% 6% 0.962 0.952 0.943 234 0.925 0.907 0.890 0.889 0.864 0.840 0.855 0.823 0.792 5 0.822 0.784 0.747 6 0.790 0.746 0.705 1) Calculate the payback period for investments A and B. 2) Calculate the simple rate of return for investments A and B. 3) Calculate the Net Present Value of A and B using a 4% discount factor. 4) Calculate the Net Present Value of A and B using a 6% discount factor.