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 $9716. What is the Payback Period if the expected cash inflows are $3313, $3093,$3403,$3959, and $3721 respectively over the next 5 years? a. 2.97 years b. 3.05 years c. 2.56 years d. 3.00 years e. 2.49 years

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