Please answer the following question, I have posted it as an attachment as well in case it is easier to read:

Q1

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

Year		Project A		Project B
0		?$25,000		?$28,000
1		14,500		15,500
2		11,000		12,000
3		3,400		11,000

a1.	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

a2.

Which, if either, of these projects should be chosen?

	Project A
	Project B
	Both projects
	Neither project

b1.	What is the NPV for each project if the appropriate discount rate is 17 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	$

b2.

Which, if either, of these projects should be chosen if the appropriate discount rate is 17 percent?

	Project A
	Project B
	Both projects
	Neither project

Q1 Maxwell Software, Inc., has the following mutually exclusive projects. Year 0 1 2 3 Project A -$25,000 Project B -$28,000 14,500 11,000 3,400 15,500 12,000 11,000 a1. 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 Payback period years years Project B a2. Which, if either, of these projects should be chosen? Project A Project B Both projects Neither project b1. What is the NPV for each project if the appropriate discount rate is 17 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.) Project A Project B NPV $ $ b2. Which, if either, of these projects should be chosen if the appropriate discount rate is 17 percent? Project A Project B Both projects Neither project