please answer the second table

JU View Policies Show Attempt History Current Attempt in Progress Cepeda Manufacturing Company is considering three new projects, each requiring an equipment investment of $22.000. Each project will last for 3 years and produce the following cash inflows. Year AA 1 $7.000 2 9,000 BB CC $9.500 $11,000 9,500 10,000 9.500 9.000 $28,500 $30,000 3 15.000 Total $31.000 The equipment's salvage value is zero. Cepeda uses straight-line depreciation. Cepeda will not accept any project with a payback period over 2.25 years. Cepeda's minimum required rate of return is 12% Click here to view PV table. Your answer is correct. Your answer is correct. Compute each project's payback period. (Round answers to 2 decimal places, eg. 52.75.) AA BB CC 2.40 years Payback period 232 years 2.11 years Indicate the most desirable project and the least desirable project using this method. Most desirable Project CC Least desirable Project AA * Your answer is incorrect Compute the net present value of each project. (For calculation purposes, use 5 decimal places as displayed in the factor table provided and final answers to decimal places, es. 5.275) AA BB cc Net present value Indicate the most desirable project and the least desirable project using this method. Most desirable Least desirable e Textbook and Media Attempts: 1 of 2 used Submit Anw