Question: Hey! I need to know how to get the correct answer using only a BA II plus financial calculator! You are considering a project with

Hey! I need to know how to get the correct answer using only a BA II plus financial calculator!

You are considering a project with an initial cost of $8963. What is the Payback Period if the expected cash inflows are $2622 $3292,$3700,$2852, and $3043 respectively over the next 5 years? a. 2.93 years b. 2.71 years c. 2.98 years d. 2.39 years e. 2.82 years

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