Question: When evaluating the following project, what is its payback period? Year Project A 0 ($1,350) 1 200 2 500 3 550 4 800 Group of
When evaluating the following project, what is its payback period?
Year Project A
0 ($1,350)
1 200
2 500
3 550
4 800
Group of answer choices
2.85 years
4.25 years
3.125 years
3.65 years
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