X-treme Vitamin Company is considering two investments, both of which cost $50,000. The cash flows are as follows: Year Project a Project $ 54,090 30,090 120,098 20,090 30, 080 Use Appendix B for an approximate answer but calculate your final answer using the formula and financial calculator methods. e-1. Calculate the payback period for Project A and Project B Note: Round your answers to 2 decimal places Payback Penor Project A years Project years 6.2. Which of the two projects should be chosen based on the payback method? Projects Project B b-1. Calculate the net present value for Project A and Project B. Assume a cost of capital of 7 percent. Note: Do not round intermediate calculations and round your final answers to 2 decimal places. Net Present Value Project A Project B Prey 3 of 24