You have been asked to analyze a potential project. The project's cost is $180,000. Cash inflows are projected to be: year 1 = $55,000, year 2 = $65,000; year 3 = $75,000; year 4 = $85,500; year 5 = $95,000. What is the investment project's payback? (Round off to the nearest 0.1 years)
A) 4.1 years
B) 1.6 years
C) 3.5 years
D) 2.8 years

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The Answer of You have been asked to analyze a potential project. The project's cost is $180,000. Cash inflows are projected to be: year 1 = $55,000, year 2 = $65,000; year 3 = $75,000; year 4 = $85,500; year 5 = $95,000. What is the investment project's payback? (Round off to the nearest 0.1 years)
A) 4.1 years
B) 1.6 years
C) 3.5 years
D) 2.8 years

You Have Been Asked to Analyze a Potential Project