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-1-50704811-1 General Magi Corporation is considering an investment that will cost JD105,000 and have a useful life of 4 years. During the first 2 years,

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-1-50704811-1 General Magi Corporation is considering an investment that will cost JD105,000 and have a useful life of 4 years. During the first 2 years, the net cash flows are JD40,000 per year and for the last two years they are JD20,000 per year. What is the payback period for this investment? 200 on Select one: @a, 4.00 years b. 3.25 years c. Cannot be determined from this information d. 3.50 years

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