Question: Problem 5-1 Calculating Payback Period and NPV Maxwell Software, Inc., has the following mutually exclusive projects. Year 0 1 Project A -$29,000 16,500 13,000 3,800

 Problem 5-1 Calculating Payback Period and NPV Maxwell Software, Inc., has

Problem 5-1 Calculating Payback Period and NPV 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 ar your answers to 3 decimal places. e... 32.161.)

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