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Maxwell Software Inc has the folling mutually exclusive projects Year Project A Project B 0 $-20,000 $-23,000 1 12,000 13,000 2 8,500 9,500 3 2,900
Maxwell Software Inc has the folling mutually exclusive projects
| Year | Project A | Project B |
| 0 | $-20,000 | $-23,000 |
| 1 | 12,000 | 13,000 |
| 2 | 8,500 | 9,500 |
| 3 | 2,900 | 8,500 |
A) Calculate the payback for each project.
B) What is the NPV for each project if the appropraite discount rate is 16%?
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