Question: What is this project's payback? Year 0 1 2 3 Cash flows -$925 $500 $525 $550 a. 2.81 years b. 2.02 years c. 2.43 years

What is this project's payback?
| Year | 0 | 1 | 2 | 3 |
| Cash flows | -$925 | $500 | $525 | $550 |
| a. | 2.81 years | |
| b. | 2.02 years | |
| c. | 2.43 years | |
| d. | 1.81 years | |
| e. | 1.99 years |
Question 9 What is this project's payback? Year 0 1 2 3 Cash flows -$925 - $500 $525 $550 a. 2.81 years b.2.02 years O c. 2.43 years O d. 1.81 years O e. e. 1.99 years
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