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A company has three investment alternatives. The alternatives have the same economic lives. The following data is available for each alternative Investment A Investment B

A company has three investment alternatives. The alternatives have the same economic lives. The following data is available for each alternative

Investment A Investment B Investment C
Investment $100,000 $100,000 $100,000
Annual net cash inflows $131,000 $416,000 $102,000
Annual net cash outflows $90,000 $406,000 $51,000

Compute the payback of each of the above investments? (Round each payback into the whole year and tenth of the partial year. Such as 4.56 years = 4.6 years)

Investment A payback =

Investment B payback =

Investment C payback =

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