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Maxwell Software, Inc., has the following mutually exclusive projects Year Project A Project B 0 $24,000 $27,000 1 14,000 15,000 2 10,500 11,500 3 3,300

Maxwell Software, Inc., has the following mutually exclusive projects

Year Project A Project B
0 $24,000 $27,000
1 14,000 15,000
2 10,500 11,500
3 3,300 10,500

Calculate the payback period for each project:

Project A

Project B

What is the NPV for each project if the appropriate discount rate is 17 percent?

Project A

Project B

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