Three investments cost $5,500 each and have the following cash flows. Rank them on the basis...

 

 

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Three investments cost $5,500 each and have the following cash flows. Rank them on the basis of their payback periods. Round your answers to one decimal place. Year A B C 1 $2,900 $3,900 $ 0 2 2,900 3,000 800 3 2,900 2,500 1,600 4 2,900 2,200 3,200 5 2,900 1,600 4,700 Payback for A: years Payback for B: years Payback for C: years Based on the payback periods, -Select- should be chosen. Three investments cost $5,500 each and have the following cash flows. Rank them on the basis of their payback periods. Round your answers to one decimal place. Year A B C 1 $2,900 $3,900 $ 0 2 2,900 3,000 800 3 2,900 2,500 1,600 4 2,900 2,200 3,200 5 2,900 1,600 4,700 Payback for A: years Payback for B: years Payback for C: years Based on the payback periods, -Select- should be chosen.