Question: Kabab Co . is considering a $ 2 2 0 , 0 0 0 investment, which will provide net returns of $ 1 0 0

Kabab Co. is considering a $220,000 investment, which will provide net returns of $100,000, $160,000, and $220,000 in the second, third, and fourth years, respectively.
What is the payback period? Round up to the next month
Use the following table:
a.
3 years
b.
2 years and 9 months
c.
2 years and 10 months
d.
2 years and 8 months

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