A project has an initial cost of $2,250.The cash inflows are $0,$500,$900,and $700 for Years 1 to 4,respectively.What is the payback period?
A)2.97 years
B)2.84 years
C)3.98 years
D)3.92 years
E)Never

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The Answer of A project has an initial cost of $2,250.The cash inflows are $0,$500,$900,and $700 for Years 1 to 4,respectively.What is the payback period?
A)2.97 years
B)2.84 years
C)3.98 years
D)3.92 years
E)Never

A Project Has an Initial Cost of $2,250