10. A project will require an investment of $100,000. Anticipated cash flows are: $50,000 in year 1; $40,000 in year 2; and $20,000 in years 3-5. The payback period for this investment is: a. 3.25 years I b. 3.5 years c. 2.5 years d. 2.75 years

10. A project will require an investment of $100,000. Anticipated cash flows are: $50,000 in year 1;$40,000 in year 2; and 520,000 in years 3 - 5 . The payback period for this investment is: a. 3.25 years b. 3.5 years c. 2.5 years d. 2.75 years