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Westmount Company is considering an investment costing $120,000. The investment would twum $50,000 per year in each of three years. The company requires a minimum

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Westmount Company is considering an investment costing $120,000. The investment would twum $50,000 per year in each of three years. The company requires a minimum rate of roburn of 10% The present values of $1 discounted at 6% received at the end of 1, 2 and 3 periods are 0.909, 0.826, and 0.752. Required: A. Calculate the payback period for the investment. B. Calculate the net present value of the investment. Paragraph BI U MacBook Air

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