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Year Project A Project B 0 $22,000 $25,000 1 13,000 14,000 2 9,500 10,500 3,100 9.500 a-1. Calculate the payback period for each project. (Do
Year Project A Project B 0 $22,000 $25,000 1 13,000 14,000 2 9,500 10,500 3,100 9.500 a-1. Calculate the payback period for each project. (Do not round intermediate calculations and round your answers to 3 decimal places, e.g., 32.161.) Project A years Project B years should be chosen? O Project A O Project B Both projects Neither project b-1. What is the NPV for each project if the appropriate discount rate is 16 percent? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
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