Maxwell Software, Inc., has the following mutually exclusive projects.

Maxwell Software, Inc., has the following mutually exclusive projects. Year 0 1 Project A -$29,000 16,500 13,000 3,800 Project B -$32,000 17,500 11,500 13,000 2 3 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.) Payback period Project A years Project B years a-2. Which, if either of these projects should be chosen? Project A Project B O Both projects Neither project b-1. What is the NPV for each project if the appropriate discount rate is 14 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.) NPV Project A Project B b-2. Which, if either of these projects should be chosen if the appropriate discount rate is 14 percent? Project A Project B O Both projects