Question: Question 1. (15 pts) A project manager is working on justification of a project. Since very little information is known about the project, some rough

Question 1. (15 pts) A project manager is working on justification

Question 1. (15 pts) A project manager is working on justification of a project. Since very little information is known about the project, some rough estimates have been gathered. Following table is prepared to show the cash inflow and outflow for the following years: Year Cash In Flow Cash Out Flow 0 1 2 3 4 0 500 700 300 400 700 190 200 150 100 What is the payback period for this project

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