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1 0 500 NM Problem 19-05 Three investments cost $5,500 each and have the following cash flows. Rank them on the basis of their payback

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1 0 500 NM Problem 19-05 Three investments cost $5,500 each and have the following cash flows. Rank them on the basis of their payback periods. Round your answers to one decimal place. Year B $ 2,700 $ 3,700 $ 2 2,700 2,700 3 2,700 2,100 800 2,700 1,600 3,000 2,700 1,200 4,500 Payback for A: years Payback for B: years Payback for C years Based on the payback periods, investment B should be chosen 4 5 $$$

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