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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