Question: What is this project's payback? ear 0 1 2 3 Cash flows -$825 $500 $525 $550 a. 2.05 years b. 2.81 years c. 2.43 years
What is this project's payback?
| ear | 0 | 1 | 2 | 3 |
| Cash flows | -$825 | $500 | $525 | $550
|
| a. | 2.05 years | |
| b. | 2.81 years | |
| c. | 2.43 years | |
| d. | 1.81 years | |
| e. | 1.62 years |
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