Question: Please do project A,B, and C (Payback period calculations) You are considering three independent projects: project A, project B, and project C. Given the cash

(Payback period calculations) You are considering three independent projects: project A, project B, and project C. Given the cash flow information in the popup window, calculate the payback period for each. If you require a 3-year payback before an investment can be accepted, which project(s) would be accepted? What is the payback period of project A ? years (Round to two decimal places.) \begin{tabular}{lccc} \hline & PROJECT A & PROJECT B & PROJECT C \\ \hline Initial Outlay & $1,000 & $9,500 & $5,500 \\ Inflow year 1 & 700 & 5,000 & 1,000 \\ Inflow year 2 & 200 & 3,000 & 1,000 \\ Inflow year 3 & 100 & 3,000 & 3,000 \\ Inflow year 4 & 300 & 3,000 & 3,000 \\ Inflow year 5 & 400 & 3,000 & 3,000 \\ \hline \end{tabular} Print Done
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