Craig's Car Wash Inc.is considering a project that has the following cash flow and cost of capital (r)data.What is the project's discounted payback?
R =
10)00%
Year
0
1
2
3
Cash flows
−$900
$500
$500
$500
A) 1.88 years
B) 2.09 years
C) 2.29 years
D) 2.52 years
E) 2.78 years

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The Answer of Craig's Car Wash Inc.is considering a project that has the following cash flow and cost of capital (r)data.What is the project's discounted payback?
R =
10)00%
Year
0
1
2
3
Cash flows
−$900
$500
$500
$500
A) 1.88 years
B) 2.09 years
C) 2.29 years
D) 2.52 years
E) 2.78 years