Question: value: 10.00 points Problem 12-8 Payback method [LO3] Assume a $40,000 investment and the following cash flows for two alternatives. ear Investment A Investment E

 value: 10.00 points Problem 12-8 Payback method [LO3] Assume a $40,000

value: 10.00 points Problem 12-8 Payback method [LO3] Assume a $40,000 investment and the following cash flows for two alternatives. ear Investment A Investment E $ 10,00010,000 20,000 25,000 10,000 15,000 10,000 20,000 a. Calculate the payback for investment A and B. (Round your answers to 2 decimal pl Payback Investment A years years b. Which investment would you select under the payback method? Investment A Investment B o. it the infow in the fith year for Investment A was $20,000,000 instead of s20.0to. would change under the payback method? Yes No Hints References eBook & Resources

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