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X-treme Vitamin Company is considering two investments, both of which cost $13,000. The cash flows are as follows 1$15,000$13,00 7,000 11,000 8,000 6,000 Use Appendix.B
X-treme Vitamin Company is considering two investments, both of which cost $13,000. The cash flows are as follows 1$15,000$13,00 7,000 11,000 8,000 6,000 Use Appendix.B for an approximate answer but calculate your final answer using the formula and fnancial calculator metnods a-1. Calculate the payback penod for Project A and Project B (Round your answers to 2 decimal places.) Payback Period Project A Project B 0 87 yearls 100 year(s a-2. Which of the two projects should be chosen based on the payback method? Project A OProject B (Do not round intermediate calculations and round your final answerst b-1. Calculate the net present value for Project A and Project Assurne n cost ot capital of 9 percent Net Present Value Project A Project B
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