Calculate the payback for investment a and


Assume a $72,000 investment and the following cash flows for two alternatives.

year.          investment a.         investment b

1.                  $25,000.                 $22,000

2.                    25,000.                   15,000

3.                    15,000.                   50,000

4.                    10,000.                    --------

5.                    30,000.                   ---------

Calculate the payback for investment A and B

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Financial Management: Calculate the payback for investment a and
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