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Saved Help Save & Exit Submit Check my work Assume a $80,000 investment and the following cash flows for two alternatives: Year Investment A $20,000
Saved Help Save & Exit Submit Check my work Assume a $80,000 investment and the following cash flows for two alternatives: Year Investment A $20,000 25,000 20,000 15,000 3,400,000 Investment B $25,000 15,000 40,000 Calculate the payback for investment A and B. (Round the final answers to 2 decimal places.) Investment A Investment B Payback period years years Which of the alternatives would you select under the payback method? Investment A Investment B
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