Maxwell Software, Inc., has the following mutually exclusive projects. Year Project A Project B 0 $26,000 $29,000 1 15,000 16,000 2 11,500 10,000 3 3,500 11,500

Maxwell Software, Inc., has the following mutually exclusive projects Year Project A ProjectEB -$29,000 16,000 10,000 11,500 -$26.000 15,000 11,500 3,500 0 a-1. Calculate the payback period for each project. (Do not round intermediate calculations and round your answers to 3 decimal places, e.g., 32.161.) Payback period Project A Project B years years a-2. Which, if either, of these projects should be chosen? Project A Project B O Both projects Neither project b-1. What is the NPV for each project if the appropriate discount rate is 13 percent? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) NPV Project A Project B b-2. Which, if either, of these projects should be chosen if the appropriate discount rate is 13 percent? Project A Project B O Both projects O Neither project