You are considering a project that has the following cash flow data. What is the project's payback?

Year $0123$

Cash Flow $-900350450550$

Group of answer choices

$2\mathrm{.}40$

$1\mathrm{.}96$

$1\mathrm{.}53$

$2\mathrm{.}18$

$2\mathrm{.}62$