1.Why we cannot use different compounding periods when comparing alternatives in the present or future worth methods? Give an example of how different compounding periods will affect the selection of an alternative.

2.The Payback Period could be computed using the Simple Payback or the Discounted Payback methods, in your opinion which do you think is better to use, and why? Give an example of how different the payback period method utilize will affect the selection of an alternative.

PLEASE ANSWER BOTH AND THANK YOU!.