Question: 1- Use A Rpendix B for an approximate answer but calculate your final answer using the formula and financial calculator methods. a-1. Calculate the payback

Use A Rpendix B 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 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

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