please type out the answers and show workings for a thumbs up. thanks in advance

Capital Budgeting Tools: Payback and NPV NJF Eniterprises is trying to select the best itvestment from among four alternatives. Each alternative involves an initial outly of 587.900, and the company uses a 13 percent discount rate. The cash inflows for each investment follow: Evaluate each imvestment alternative by answering the followng quessons and performing the requested calculations. You must show all your work including formulas used and values used. (Those using financial calculators need to show either the formula or calculator keys and values used.) Please organize your responses as per each question part - a.i. a in wi, bu, s crotal of 9 responses to this question! 1. Paytaack. a. Calculate the Payback Period (in years. to 2 decimal places) for each imestment. b. Which investmertis) could be chosen if the company had a payback threshold of 4.00 years? c. Which is the best inwestment choice based on Payback Period tchoose one irwestront only? d. Why did you choose the investment in part a) ai above? 2. Net Present Value a. Calculate the Net Present Value (in whole numbers) for each investment. b. Based on the NPV rule, which investments could you choose? c. Which is the best investment choice based on NPV (choose one investment only)? d. Why did you choose the investment in part b) ii above? 3. With only the calculations for Payback Period and NPV above, which ONE investment would you recommend for NIF Enterprises and why