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Use Appendix 8 for an approximate answer but calculate your final answer using the formula and financial calculator methods. a-1. Calculate the payback period for

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Use Appendix 8 for an approximate answer but calculate your final answer using the formula and financial calculator methods. a-1. Calculate the payback period for Project A and Project B. Note: Round your answers to 2 decimal places. a-2. Which of the two projects should be chosen based on the payback method? Project A Project B

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